Alon_AOB

Long term ascending triangle formation in the S&P500

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AMEX:SPY   SPDR S&P 500 ETF TRUST
A long term ascending triangle is forming in the S&P500, the triangle confirms a bullish trend up, the point of breakout should be around Jan.2020 according to our forecast,
Will keep a close look on this one since the market is in a short term directionless move, probably building the case for the next leg up.
Alon

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