Trade-Technique

SPX500 valuation action:

Trade-Technique Updated   
FX:SPX500   S&P 500 Index
A continues fall - price directly slop from 3224 to 2995.

It can see that when there is continue fall price bounce up-to 100 points.

The price was trading near the support line that became the strong point for breakout.

It can be seen that the price can move near the support line that is support become resistance.

As we can see there is not a strong point for any support below 2973 price can fall still down.
Comment:
with little penetration price bounce nearly 200 point. I hope you have enjoyed.
Trade closed: target reached
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