SmartReversals’ Trading Compass

SmartReversals’ Trading Compass

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SmartReversals
Apr 29, 2024
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Key levels for navigating choppy markets with conflicting technicals

SP500 found resistance at a confluence area:

  1. The 50DMA

  2. The monthly S/R level $5119

  3. And most important than the previous ones, the annual $5110 level mentioned since December 30th (in social media then, as the “tweet” below highlights).

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