S&P 500
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S&P 500 Bearish Target.

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DAILY CHART
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Weekly chart:
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3hourly chart look. More upside to go; to retest 200 SMA
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Expected S&P 500 to retest 200 SMA and fail on the daily, according to my previous 22Mar20 post.
QUOTE: "Easter 11 Apr 2020 update and re-look at the SPX chart"
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Continue from previous chain of analysis:
S&P 500: Not wise to bet on a dead-cat bounce. [22Mar'20]


Historical comparisons (11Mar20 post):
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Nota
Note that the orange line on the OP chart is the 1200 SMA on the 4hrly chart; which is equilivalent to the 200 daily SMA.
e.g. 24 (hr/day) / 4 (hr) * 200 (days*candles) = 1200 (candles)
Nota
3May20 Daily Chart Update:
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Nota
Sell signal triggered on CYBER ENSEMBLE {PREMIUM}
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