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SP500: REBOUND or REVERSAL?

SP:SPX   The S&P 500 Index
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look at bullish engulfing target too...
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I would like to short at 2067,where the downtrend line and 0.618 retracement converge
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Thanks! This is very key time for trading range or for trading trend after break out. I will step aside and wait for some fundamental confirmations.
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