S&P 500 INDEX (SPX) JUNE 26, 2019
SPXPivot Point: (65 day EMA) 2857.9
The long-term trend is considered up when SPX is above the 65 day EMA
Our view: Long positions above (65 day EMA) 2857.9
Comment: SPX remains Bullish above the 2857.9 level
Alternative scenario: Below 2857.9 SPX becomes Bearish, expect further downside to lower levels
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