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S&P 500 Consolidation In Place

Pivot (invalidation): 3397.00

Our preference Short positions below 3397.00 with targets at 3355.00 & 3341.00 in extension.

Alternative scenario Above 3397.00 look for further upside with 3410.00 & 3425.00 as targets.

Comment As Long as 3397.00 is resistance, look for choppy price action with a bearish bias.

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