S&P 500

SPX - BIG PIC - Could get ugly

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So, in looking at the monthly SPX chart, it appears that it is running an expanding triangle with an upside target at 4136. Once that target hits, there is a reasonable chance of a hard sell off and a large ABC down to the 1830 area (yes, 1830.... I certainly hope that doesn't happen, but it is one of many possibilities

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