SP500 ! Shake and keep falling

The SP500 creates a false break of the 4455 level to capture liquidity - this is called a shake-out. After that, the price quickly returns to a key level.

I assume a breakdown of 4388 along the trend (the index is trading in the lower half of the range) followed by a move down to strong support at 4289.

Sincerely, R. Linda!

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