S&P 500
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Bearish Wedge and Round Trips

Round tripping should be avoided. It appears SPX is in a bearish formation. Key support levels are 1940, 1830 and 2013 channel breakout from a 13 year trading range which started in 2000. Confirmation could provide color on secular, cyclical bull or continuation of the secular bear/trading range from 2000.
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The clip below provides a view from a different time frame.

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