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Short

S&P 500 forms Bearish Gartley pattern, good to sell on rallies

INDEX:INX   S&P 500 Index
146 0 6
Harmonic Pattern formed - Bearish Gartley Pattern

Potential reversal Zone (PRZ) - 2080

The index is facing resistance around 2080 and any break above will target 2100/2115 in short term.

On the downside major support is around 2050 and break below targets 2035/2000/1975.

It is good to sell on rallies around 2075-80 with SL around 2105 with TP around 2035/2000/1980
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