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Cash SPX, upper resistances, this next few days will still be hard to trade sideways market, Hourly is clear if there is a sharp turn down it is RSI negative D. bulls are not safe yet until we are trading above 61.8%.
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Widest bull bar with volume surge, should be a pullback around here first which like would be bought again later.
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Morning high and mid day high is bye bye, another bearish intraday bearish day pattern, yesterday was also but somehow bulls were manage to short squeeze up to today. well, stay cautious, stops is a must on either sides. I am done today. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
This pullback of this size shouldn't happen in an uptrend day, should be a news, wait for the dust to clear first.
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