BucketStocks

Cup & Handle Finishes Forming Next Week

Long
CURRENCYCOM:US500   US 500
We bounced off a parallel channel line that failed to break above it. Support is at $3453.3
If that support fails, then next support is at the neckline of the inverse head & shoulders at $3430.5.
Resistance is at the downtrend line of the two cup lines at $3538.1. At the moment it still looks bullish.
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