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PATOJAPE

S&P buy set up or buy now

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Índice S&P 500 (SP:SPX)  
PATOJAPE  
SP:SPX   Índice S&P 500
Trend Analysis Chart Patterns Technical Indicators Descending Channel
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trendanalysis chartpattern indicator descendingchannel
The Price fell to a strong resistance due to fundamental news but it has rejected for several days the resistance so we are expecting the Price to bounce and head upwards.
Also there is a lot a fundamental news supporting this analysis, despite the trade war many are expecting it to be just a pullback.
Look at the descending channel and wait for confirmation of the change of trend above the fibo level of .786.

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