E S&P500 Could Be In For A Bear Market


E-mini S&P500 reached our 2375-2383 resistance zone as expected from where we can already see some bearish pressure coming in. Ideally, that’s start of a new impulsive leg down, beneath 2352 if we consider idea of a completed expanded flat formation.If that’s correct, then market will break below 2353, likely next week.

S&P500, 1H

 

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