S&P 500
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S&P 500 makes island top today indicates more selling to come 5%

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Bearish case - Island top reversal made today suggests further selling unless the gap can be closed

Expect the price to move back to the 200EMA which is 5% away
If it does not stop there it could be a small trend change as it happened on NFP non farm payrolls day

Not advice only for educational purposes

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