crocotrading

S&P500 approaching major cluster of supports

CME_MINI:ES1!   S&P 500 E-mini Futures
The S&P500 is moving towards a major cluster of supports (fibonacci level, key trendline and major horizontal support).

I doubt that the S&P500 will manage to go back in an upward trend after hitting that cluster but I am excepting at least some kind of upward bounce on that cluster.
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