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SP500 Rise Of The Wedgies | Stock Market Forecast | S&P 500 Technical Analysis
In today's S&P 500 stock market forecast I use Technical Analysis to determine where the stock market is heading next.
The current rising wedge patterns are heading into a massive area of resistance and potentially might be where the stock market crash of 2020 begins. However, we have the federal reserve pumping in liquidity into the markets that may very well be strong enough to overcome any type of bearish pattern we may see when reading charts of the sp500 using technical analysis
In this SP500 technical analysis video we discuss support and resistance levels, trend lines, and candlestick patterns to keep an eye on heading into the next couple weeks of trading.
TIMESTAMPS:
Intro: 00:00
June Jobs Report: 00:32
SP500 Daily: 03:41
SP500 30 Min: 09:10
Special Thanks: 13:15
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DISCLAIMER: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time. Everything you watch on my channel is my opinion. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel :)
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