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SPX weakens at the start of Feb 21

Updated: Feb 2, 2021

The SPX broke its daily uptrend since the 051120 at 3471 at Friday's close breaking the 3726 supertrend daily support. Shorts on the 4hr at managed to bring prices down below the SSSB line on the cloud closing at 3705.


Pivot 3828

Shorts below 3828 targeting 3539 and 3302

Long only if 3828 breaks above to retest 3863 to reclaim All time highs




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