DeGRAM

US500 fall from strong resistance

Short
The price has been increasing in the channel since December 2018.
At the same time, in February 2020, she broke through the support and left the channel.
And in November it broke through the support 3525.6 again and returned to the channel.
Then she continued to move within it.
Now the price is in the resistance zone 3985.0.
The channel line and the minor resistance line intersect here (June 2020).
I expect the price to fall from this zone.
The target is 3791.6.

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