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themarketzone
Apr 20, 2017 6:06 PM

S&P 500 testing strong resistance zone 

S&P 500 index of US listed sharesFXCM

Description

SPX rallies today and has just now reached a strong daily resistance zone.
The structure that was support and now should act as resistance... and the 50 days MA line will try to prevent SPX from completing the bearish Gartley near 2400

Key Zone - 2360-2365

Notice the Fast MA line (yellow) that can turn to support

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