The S&P 500 failed to break above the key $6,770 resistance zone and has now clearly broken down from the rising wedge pattern. Price is approaching near-term support around $6,580, with a further decline toward $6,300 possible on a convincing break lower.#SPX #StockMarket
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The S&P 500 failed to break above the key $6,770 resistance zone and has now clearly broken down from the rising wedge pattern. Price is approaching near-term support around $6,580, with a further decline toward $6,300 possible on a convincing break lower.#SPX #StockMarket