Chucklehead

SPX consolodation up to 1945 before another move downward

Short
FX:SPX500   S&P 500 Index
spx
following the big downward move weeks ago, it looks to recover to a 50% Fib level which is in line with resistance caused from the lows of the longer downtrend. There's also a triangle up pattern framed by this wave's lows and last august's lows.
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