Quant1212

Bears need the yellow to break

Short
SP:SPX   S&P 500 Index
Price is extended to upwards and has reached the 200MA. A pullback would be sensible into 2450-2550. So far price remains strong though Sentiment is grinding on the overly optimistic side. Uptrend remains intact until yellow channel is broken. 2650 and 2610 are downward acceleration levels.

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