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#S&P 500 ANALYSIS
The S&P 500 is forming a double top pattern and is currently declining from the second peak. The 21MA is acting as resistance above the current price action, while the Ichimoku Cloud is providing support.
If the price breaks below the neckline of the pattern, we could see a further decline in the S&P 500. It's important to note that its behavior often correlates with the crypto market.