SPX At Key Trendline

"Danno" Sheehy

The chart below illustrates a simple but important technical element on the daily chart of the S&P 500 Index (SPX). SPX traded lower for the third consecutive day to reach the ascending trendline (blue) drawn on its daily chart. The index has moved lower begrudgingly as shorter term time frame players remained in control. The […]

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"Danno" Sheehy

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