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Amazinghong
Jun 29, 2017 5:37 PM

Bull Trap and Momentum Selling Short

US SPX 500OANDA

Description

Significant price action that accompany by high volume happen today.

Price plunge from 2440 area, break 20MA and 50MA in a day. Momentum selling high probability will continue and break 2400 area.

Key level to watch 2400 to 2410 area whether any price rejection happen and whether support can hold.
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