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HEAD & SHOULDER ON SPX - CRITICAL LEVEL FOR THE SP500

SPCFD:SPX   S&P 500 Index
The S&P is forming a nice head and shoulder pattern. The neckline also corresponds to the lower resistance of the parallel channel . If price breaks below the resistance, it would be extremely bearish signs.
Watch the news and be aware of upcoming volatility following Thanksgiving break.
Trade safe!
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