SPX needs to confirm H&S breakout
SPX swiftly broke below a key downside resistance 4260. For the downside extension and H&S breakout confirmation, we need to see an extension below 4260. Any price action signs of extension below 4260 in this stage should be enough to confirm and lead to an extreme downside swing to 4000.
Note: look for the short trade entries with the stops above 4350
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