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The_Chart_Pattern_Trader

SPX Counter Trend to Continue to the 50 % Fib Retracement

Long
S&P 500 Index (SP:SPX)  
The_Chart_Pattern_Trader  
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators
6
8
trendanalysis chartpattern indicator
The counter trend rally can continue to the next level of resistance at the 50 % retracement near 2800. As long as price holds above the clouds the counter trend will continue. It will likely complete this week.
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