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S&P 500 Index
Long

S&P500 Index (SPY) Detailed Technical Outlook 📈

794
snapshot

S&P500 index is trading within an expanding wedge pattern on a daily.
The price was stuck within a horizontal trading range for 2 week.
Its resistance was finally broken yesterday.

I think that it may push the market higher.
Next resistance - 4118.

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Candlestick AnalysisdowjonesS&P 500 E-Mini FuturesindexesNASDAQ 100 CFDnasdaqNASDAQ 100 E-MINI FUTURESRectangleS&P 500S&P 500 (SPX500)US30Wedge

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Candlestick AnalysisdowjonesS&P 500 E-Mini FuturesindexesNASDAQ 100 CFDnasdaqNASDAQ 100 E-MINI FUTURESRectangleS&P 500S&P 500 (SPX500)US30Wedge
VasilyTrader
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.