SPX rejected from the confluence of the downside support
SPX is rejected from 4200. This rejection from the confluence of the downside Andrews Pitchfork channel and horizontal resistance previously broken is calling for a downside extension and another test of the key 3800 level. We are seeing this as the key downside turn which will take the SPX to the 3000-3200 zone.
Note: look for the short trade entries with the stop loss above 4150
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