SP500 - Bear Flag Breakout With 2400 Target

A bear flag formed on the intraday chart over the past week and has broken out this evening. This pattern has a price target of 2400, or about 7% lower than the current price.
Chart PatternsESFLAGFlagpriceactionSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) StocksSupport and Resistance

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