Indeks S&P500

SPX Not Giving Up

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A small follow up for the bullish case of the SPX:

We're still in the resistance zone, located below the resistance line of the bigger falling channel we're in.

Now we've seen the first rejection of the upper part of the resistance zone, however, we just shot right back in. That is still bullish. Right now, the bullish case for the SPX is still in play, and im excited to see wether we can break the resistance.

I guess we'll get our answers within a couple fo weeks.

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