Koolermactrez

US500 next possible price development

Corto
CAPITALCOM:US500   US 500
US500 structure is showing a potential harmonic bat pattern developing that can influence price to down to the target level indicated on the chart. price just tested a RESISTANCE Area aligned perfectly with a breaker candle that is responsible for shifting this market to bearish environment. Price is converging in a counter rising wedge, we can expect this instrument to drop to the marked target before launching up to the EQH's @45.95 in order to grab liquidity above this area. Good Luck!

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