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US500 (S&P500) looking pretty fragile here

Short
US SPX 500 Index (VELOCITY:US500)  
Herenya Broker  
VELOCITY:US500   US SPX 500 Index
Parallel Channel
0
0
parallelchannel
S&P500 is looking pretty fragile here. If this channel breaks, things get spicey and we head for support much lower. Not trade signal yet but keep a close eye on this channel.
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