News / Technical Analysis / S&P500 broke the descending channel

S&P500 broke the descending channel

Published: 20.11.2023 by Noirbull

S&P500 broke the descending channel. On a pullback, expect a rebound towards 4607. The breached channel may act as a breakout flag, pushing prices above recent highs.

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S&P500 broke the descending channel

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