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Sunday, June 20, 2021

πŸ’‘ S&P500: mid-term analysis for June 21-25.

πŸ’‘ S&P500: mid-term analysis for June 21-25.


πŸ“ The nearest support level for the new week is a $1bn 519m upside option bid at the round number 4100.0 level.
In case of breakdown and consolidation below the mentioned price level, we expect a decline to the price level of 4081.6 (market maker's loss level).
πŸ“Œ On the formation of the pattern to buy near the price level of 4100.0, we expect the growth till the end of the trading week with the target, which is the maximum profit level of the market maker (4200.0).
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