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US Markets at a Major High ?

S&P 500 Index (SP:SPX)

MTPredictor

SP:SPX S&P 500 Index

Chart Patterns

139 0 5

chartpattern

Hi Everybody, On the Monthly S&P Chart, we have now reached the 100% Expansion of the last Major decline into the March 2009 Lows. This would be a logical place for the S&P to make a High - So does this now mean the S&P (and the US Markets) are set for a meaningful decline ?
Thanks, Steve

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