MrKrft

S & P still bearish

Short
CAPITALCOM:US500   US 500
S & P is bearish and even more bearish on the lower time frames. Price is just trading into moving average resistance and horizontal resistance while oscillators show maximum.
Price yet touched outer area of our uber bull market we are trading in since corona low. I expect a revisit and a break soon.
We saw a breakout of our new bearish trend we are building since the last all time high. We have 2 hours left to undo this breakout on the daily and fall back into downtrend ...
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