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The S&P 500 is showing signs of a short term downtrend after falling 2% this week

decoded from In it to Win itmixedMarket UpdateWatch on YouTube
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ticker lesson

Breakdown

0:00lesson

S&P 500 — downtrend established

  • Lower highs and lows
  • Downtrend bias
  • Support at 7,150
  • Friday markets closed
  • 4th of July
0:01SpaceX· ticker

SpaceX — bearish topping tail

  • Textbook topping tail
  • Bearish until above $225
  • 2-hour chart shows bear pennant
  • IPO at $150
  • Currently at $153

Informational only — this is In it to Win it’s content, decoded by Plutus. Not Paid Daily’s advice or a recommendation. The outline, timestamps, and claims are extracted from what the creator said; verify before acting.