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themarketzone

Potential Weekly False Break in S&P 500

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Indice S&P 500 (FX:SPX500)  
themarketzone  
FX:SPX500   Indice S&P 500
SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) EURUSD Harmonic Patterns Bat
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spx spy eurusd harmonicpatterns batpattern
Despite many attempts by Fed members to continue pushing stocks higher, $SPX is now, 30 minutes before the close, below the Fast SMA line and almost back below daily downtrend line.
This is a bearish signal towards next week's earnings season...

Notice that the bearish Bat wasn't violated this week - Double top with X


Tomer, The MarketZone
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Idées en relation

themarketzone
Approaching daily sell zone
Clause de non-responsabilité

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