We're either seeing a breakout here on the S&P500 Futures/M2 chart, or this resistance level, which has held up since 2001, is about to spoil the bulls party. Look at the last impulse wave toward the resistance line in yellow. We're stretched, but we're seeing the same pattern, folks. Trade accordingly...
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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.