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S&P 500 Index

spx trending lower, or not?

By Hoyto
Updated
Lets see if price will respect the downward sloping pitchfork. If price stays below the blue upper median line parallel, it will probably hit the red median line.
Note
Upper median line parallel failed to hold price. Lets draw another pitchfork showing an uptrend...
Trend Analysis
Hoyto

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