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SPX has formed as with strong lines. We are looking for a breakout above the top resistance for a long position, and a short position if we see the price break the lower suppor. You can also see that the is on an upward trend which indicates this might end in a top resistance breakout. The StochasticRSI is heading back down which is healthy for a correction to test the bottom support before heading back up or breaking support and forming a downtrend.
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
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