SPX retesting the broken descending wedge
SPX is retesting the broken wedge resistance 3600 and also the long-term uptrend channel support. A bounce from here again and a break above 3660 are required for this upside reversal pullback to be finished and an upside reversal to be confirmed for it to target 3800 and higher again. From the chart, we can see that 3600 is the intersection of a major upside support/downside resistance which will not be so easy to be broken
Note: look for the long trades with a stop loss below 3600
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