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The magic continues!

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OANDA:SPX500USD   S&P 500-index
A bearish weekly candle suggests that the downward trend has commenced and the following idea published on 29th March is still valid. However, we would need to see a follow-through next week for a confirmation. An upward movement and a breach of 3230 will invalidate the idea.


PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk.
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