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S&P 500 Index

$SPX *BREAKOUT* above the downtrend

95


WOWZA, but bigger move than I expected yesterday. We saw a breakout above the downtrend off of ATH’s (initial rejection then drop to the 35EMA and then bounce to breakout)

So the CPI/PPI move was drop to the 50DMA and bounce. Wild stuff, y’all. Inflation data days never cease to be a wild ride.
SPYder_QQQueen_Trading
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Trend Analysis

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Trend Analysis
SPYder_QQQueen_Trading
🚨Subscribe here if you want these charts in advanced on YouTube - it’s free, youtube.com/@spyderqueentrading
🔴My Chart Settings- youtu.be/WJhP0NhED0o

I am not your financial advisor.
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.