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S&P 500

10 May 2018 ‚óŹ 06:05 AM

There are many ways to consider the US indices and the S&P 500 is still below the falling trendline from the Jan top. The prices move up is either wave e of a triangle as discussed before and throwing over the upper line of the triangle till it remains below the April high, OR as discussed below wave 2 of a counter trend and the upper line is at 2715 for the S&P as the next resistance.

snp 100518

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