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Two Major SP 500 Trendlines Tagged Today

Posted on December 30, 2021 by Vlad

Hey Traders,

two majors trendlines were tagged on monhtly and daily charts today:


Left is monthly, right is daily.

Now here is a zoom out view of the two, firstly 40yr old channel from previous weekly updates:

and sp500 daily:

Will keep watching key levels closely to start building bearish case, first ES support level at 1016.

Will post key short term levels in daily updates sometime tonight

Cheers

Vlad

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