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Gelium
Mar 24, 2017 12:21 PM

S&P 500: Long-term upward trend correction. Short

US SPX 500OANDA

Description

It is possible to correct the uptrend with a target in the area of 2270. I consider the opening of a short position when approaching the resistance level.

Comment



Most likely, there was a scenario of breaking through the consolidation with a target in the area of 2305. However, the mood of the bulls is strong enough. Therefore, they did not reach the target level.

Order cancelled

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