SPX is near the major resistance level and a psychological level of 42,000.
The market is consolidating on the daily timeframe .
Notice, how the price pulled back from the resistance in previous testing.
Price action created a bearish harmonic pattern .
We anticipate further consolidation and a rebound.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market is consolidating on the daily timeframe .
Notice, how the price pulled back from the resistance in previous testing.
Price action created a bearish harmonic pattern .
We anticipate further consolidation and a rebound.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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