SPX500 - The Dump Continues
4H Shows two failed tests of the downtrend line along with a 4h RSI divergence. Downtrend coincides with fib. 1D and 4H Godmode are topped out, all with declining weekly volume. This bounce has played itself out, in which case the weekly lower high is set. Will be watching the action at open for a short entry.
Target: 2k.
Target: 2k.
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