Refer to previous post, suggesting a short-setup on SPX. Although, the 30-min RSI never made it to 70, price moved down swiftly, taking the lower trendline downriver. Around 1300 support, a nice back-test followed. If you've taken a short position, move your stop down to the back-test level to protect your profits. Failure of 1300 zone may result in 1275. This move down, if it happens, is likely to be choppy.
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