S&P 500 Index
Short

SPX Analog Pivot High

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This is an analog with a stretched out 1987. The analog is anchored with the final leg up from 1/31 to 2/19. Today is a major pivot high day according to the analog. This obviously lines up with the indices trading into their respective resistance levels. Whether it’s a higher low, re-test, or lower low, the next major low pivot is 5/14. SPXSPY

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