SPX Diamond Pattern Failure

"Danno" Sheehy

Eight days ago we pointed out the diamond pattern on the weekly chart of the S&P 500 Index (SPX). An update is pictured below. SPX broke down out of the diamond pattern on Monday of last week. Recall however that shorts could not hold price lower and SPX closed in back inside the prior price […]

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"Danno" Sheehy

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