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S&P 500 Index
Short

SPX Break Test Go or All Time Highs?

250
SPX is trading at a key area with mix messages coming from the price action. Is it a bullish wedge to break out to test all-time highs? or A break test go breaking of the longer-term channel? I will go with the "Break, test, GO!" and say short is the probability. Fundamentally speaking, isolating the #2 economy on the planet from the rest of the world is a negative for global GDP growth. As such future EPS will suffer as a result the longer this lasts. What do you think?
RealMacro
Real Macro Economic Investing
patreon.com/Realmacro
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Beyond Technical AnalysisSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortSPDR S&P 500 ETF (SPY) Trend Analysis

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Beyond Technical AnalysisSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortSPDR S&P 500 ETF (SPY) Trend Analysis
RealMacro
Real Macro Economic Investing
patreon.com/Realmacro
Also on:

Related publications

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.