.SPX: Back-test Trendline
Hello everyone! Today i want to share some trading analysis with you!
1.
Back-test Trendline: $S&P 500(.SPX)$
(1) after breaking out the downward black trendline, now SPX drops back to test its support.
(2) a successful retest would recharge the bounce, to the higher target; Of course, a failed one would lead to a new low.
(3) regardless, it is a bear market bounce.
We still need to wait for the next choice in the market!
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