Stock Markets at Resistance - Time to Fall again

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Markets rally has been slowing down.

Last night the FED gave a speech which signalled more turbulence to come, which of course is naturally expected, as the effects of COVID-19 lockdowns have not materialised yet.


SPX starts it reversal AT the ema(200) which also coincides with a Resistance Line we have.

Expect SPX to continue falling to the next support level of 2600, albiet rather slowly.

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  • 13 May 20
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U.S Markets

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