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HEAD & SHOULDER ON SPX - CRITICAL LEVEL FOR THE SP500

Short
S&P 500 Index (SP:SPX)  
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SP:SPX   S&P 500 Index
Trend Analysis Harmonic Patterns Chart Patterns sp500index
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trendanalysis harmonicpatterns chartpattern sp500index
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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