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S&P 500 Index
Long

SPX rise potential

By cfetrader
Although the moving averages MA(10) & ALMA(50) are close to a sell signal, this month's rise has resulted into a positive divergence and line(2) break in the RSI diagram. The long term ascending channel is intact and a Wolfe wave may point towards a target of 2400 in due course.
cfetrader

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