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SPX500 LONG

Long
S&P 500 Index (SP:SPX)  
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SP:SPX   S&P 500 Index
Trend Analysis S&P 500 (SPX500) SPX (S&P 500 Index) spx500long
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trendanalysis spx500 spx spx500long
the RSI calls for a new upleg. Prices broke above a symmetrical triangle pattern on strong upside momentum. The RSI broke above the 59 level indicating a resumption of the up trend. The bullish hammer reversal candlestick low at 2595 on May 3rd acts as support. look for 2745 and 2795 (March high) as targets on the upside.

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