Three possibilities for "SXP" include: 1- Climbing and breaking the price ceiling 3.8 2- Suffering between the price of 2.8 to 3.8 3- Falling and breaking the support zone and taking action to reach below 2.4
The first two possibilities have a better chance For the following reasons: 1- Support zone consisting of Ichimoku cloud, moving average, Fibonacci 2. Forming a cup and handle pattern 3- Pressure not to break the uptrend line That passing through these is a surprising event.
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