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Why I don’t think SPX 2043 is a short right here

By October 22, 2015No Comments

1. Consolidation occurred just ahead of the level (square). This is usually a sign that when it retests it will go higher. 2. The pullback from said consolidation came right in to a visual reference of the Sept FOMC high. Says to me that bears are covering at any little chance they get. 3. There…

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