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S&P500 Developing a Bearish Crab Pattern

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S&P 500 (TVC:SPX)  
Trendsharks  
TVC:SPX   S&P 500
Fibonacci Crab Support and Resistance S&P 500 (SPX500) SPX (S&P 500 Index) Fibonacci Retracement Bearish Patterns reversal correction
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fibonacci crabpattern supportandresistance spx500 spx fibonacciretracement bearish reversal correction
The S&P 500 index is currently developing a Bearish Crab pattern, which represents a classic reversal pattern.

Bears can sell at the peak of the pattern in anticipation of a correction to one of the three Fibonacci retracement levels.

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