US500 short term bearish trade setup to 4848.6299

Vantage Plus Research Team January 26, 2024

US500 is heading towards 4848.6299 and could reach this point within the next 21 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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