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S&P 500 Index

SPX - Keep it Simple!

By chartsareforships
Updated
The SPX bounced swiftly off of the 9-10 year long term trend line and 200 week moving average confluence area as described on the chart. It has now come back into the trading range detailed on the chart. The buying and selling zones are going to be major areas for profit taking. Watch for price action and get in after a new move starts. It's truly that easy. Feel free to comment.
Note
Let’s wait and see if we get rejection here.
caseywarningSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis
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