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S & P500 – everything goes according to a scenario that is long overdue!


Good day!

As for the European currency, the price “rested” on the resistance level 1.2243, from which it is trying to rebound. So far, the baseline scenario is a rollback to the daily uptrend and the resumption of the upward movement:

The S & P500 continues to fall actively, continuing to aim at the support of 3978.50. Most likely, the level will not be broken the first time, so as expected it is worth waiting for a potential bounce up:

S & P500 - everything goes according to a scenario that is long overdue!

The old gentleman came close to the horizontal at 1.4241 and the broken ascending channel. Here you can focus on a promising version of the pair’s rebound downward, completing the formation of a range or top:

S & P500 - everything goes according to a scenario that is long overdue!

Oleg Svirgun,
analyst at Tickmill brokerage company
05/20/2021

Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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