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MozzaB
Jan 9, 2017 2:25 PM

Multidiagonal confluence on the hourly chart SP500 Short

S&P 500 IndexTVC

Description

Expect a decent move at the confluence here. My natural bias at the moment would be for a break to the downside, but emotionally i would say that, as I am currently net short the wider markets.

Use a tight stop though as there could be a bounce at this confluence too.
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