Thursday, October 15, 2026

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S&P 500 forms Bearish Gartley pattern, good to sell on rallies

Harmonic Pattern formed - Bearish Gartley PatternPotential reversal Zone (PRZ) - 2080 The index is facing resistance around 2080 and any break above will target 2100/2115 in short term. On the downside major support is a…

By Lis Howell
1 min read
S&P 500 forms Bearish Gartley pattern, good to sell on rallies
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Harmonic Pattern formed - Bearish Gartley Pattern

Potential reversal Zone (PRZ) - 2080

  • The index is facing resistance around 2080 and any break above will target 2100/2115 in short term.

  • On the downside major support is around 2050 and break below targets 2035/2000/1975.
It is good to sell on rallies around 2075-80 with SL around 2105 with TP around 2035/2000/1980

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