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Long Term SP500 tendencial lines
SPX
, 1M
Short
SPX: Long Term SP500 tendencial lines

With that Long Term SP500 tendencial lines in Log mode graph we could see clearly the possibility to see SP500 in -60 % respect ATH price. In this graph we can see also another 2 importants tendencial lines, the pivot point will be defined depending the strenght of the bearish movement

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