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TheCryptoChartWhisperer
Aug 27, 2022 2:22 PM

SPX 1D Growing Pains Long

S&P 500 IndexTVC

Description

he Standard and Poor's 500, or simply the S&P 500 , is a stock market index tracking the performance of 500 large companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices. As of December 31, 2020, more than $5.4 trillion was invested in assets tied to the performance of the index.

In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance.

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Would you/could you?

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Drawdown $3362 with bounce $3685 ending $3275 by December/Jan

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I got faked out for the first time in 2 years, but I closed perfectly on. SPXL contract created $62 to $95 with $4,000 risk and $62,000 return... If you know what I knew then you already understand what happened. For those that don't, don't worry about it. That $103 should have happened in terms of EW count. What a blood bath. Onwards

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