Newsletter Subject

A Technical Bearish Signal?

From

tradealgo.com

Email Address

jack@tradealgo.com

Sent On

Sun, Aug 20, 2023 02:14 PM

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JOIN ME LIVE @ 8am PT / 11am ET ͏  ͏  ͏  ͏  ͏  ͏ ?

JOIN ME LIVE @ 8am PT / 11am ET ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ [LIVE TRADING SESSION! REGISTER NOW!]( Hello investor A lot of people on Wall Street are talking about the S&P 500 recently breaching its 50-day moving average. And it also just breached its support line at around $4,400. Now, what’s it all about support lines? Let me explain. In a healthy uptrend, you want the support level to be higher than the one prior to it… and… for each resistance level to be higher than the one before it. It would look like this: However, if the corrective dip in an uptrend falls all the way down to its previous support level, it should flash a warning sign. It could mean that the trend could be reversed soon, or the stock may start trading sideways. This is an example of a trend reversal: Now with the S&P 500 breaching its $4,400 support line, it could be a bearish signal ahead. Or it could be a fake bearish signal before climbing again. Regardless, every trader must be aware of this technical analysis. There is a risk of stocks pulling back, based on what the technical is saying. During the LIVE webclass, I will teach you how to use TradeAlgo to make these important technical analyses. And I will also reveal how you can supplement this with AI data. I personally believe this is the information that you absolutely need for the next few weeks, so come and join me at 8am PT / 11am ET. Hit the button below to register: [JOIN US LIVE @ 8am PT / 11am ET]( * We will attempt to trade in a paper-trading account – not with a real portfolio. No returns are guaranteed. No longer want to receive these emails? [Unsubscribe](. Trader Algo 401 Park Ave S New York, NY 10016, NY 10016

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