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S&P500 in Bearish Continuation and Shows Renewed Fears...

posted by Avatar FXTimes 640 days ago in Technical, Daily, Special

The S&P 500 did indeed top off after our latest update suspected topping near the 1200-1205 area. This area was at the completion of an ABC correction, where C=A (a harmonic retracement pattern). Coming after a sharp slide, this ABC correction was expected to be followed by a bearish continuation…
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