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S&P 500 Index

SPX Is Testing Major Resistance. Why I'm Not FOMO'ing.

By MicDrop5
Updated
Everyone is bullish right now. And yes, the SPX could moon to 4700. But here's why I'm exercising caution now.
Note
Weekly closed above, so I'd now expect a pullback followed by further rally. Eventually, however, I would expect a re-test of 3637.
Trend Analysis
MicDrop5

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