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S&P500 APPROACHING KEY RESISTANCE: ANALYSIS

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Indice S&P 500 (OANDA:SPX500USD)  
BlueberryMarkets  
OANDA:SPX500USD   Indice S&P 500
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S&P500 is approaching a key resistance level and looks likely to sell off in line with the weekly timeframe.
The weekly timeframe has formed lower lows and has retraced to the 38.2 fib and key resistance.
Looking for bearish price action here to suggest further downside to come.
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