BullBearMkt

SP500 Market Structure Is Bearish But Price Aggressively PulBack

FX:SPX500   美国标准普尔500指数
The market structure for SPX500 index is a textbook bearish on weekly having formed Head-Shoulders, however price declined creating a bullish wedge and with an aggressive pullback in the last few weeks. The index needs to face bears at 4205 and if successful, bears at the shoulder level 4544 will challenge the bulls for a possible reversal. Possible outcome? Time will tell...

N.B
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