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Cough5yrup
Dec 18, 2022 8:41 AM

Spx dumping to 3200 Short

S&P 500SP

Description

Downward trendline from early this year still holds strong. It's been rejected 5 times already. And the latest weekly candlestick is a classic example of an inverted hammer rejecting the trendline. 3200 is the main target due to a couple things. 1- Order block from late 2020. 2- all fib lines align at this point.
Comments
JoeChampion
Nailed it mate!
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