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SPX could extend losses to 2320

TVC:SPX   S&P 500
Breach of the rising trend line on Tuesday coupled with a drop in the RSI below 50.00 suggests potential for a sell-of towards another key trend line support seen around 2320.

Even then the RSI would be at a safe distance from the oversold territory, thus, the support at 2320 could be breached.

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