S&p 500 Index is right at its upward channel support. It has moneyflow divergence. We think it will decline Breaking the upward channel formation.
Break of upward channel will bring it down to a target of 2260.
Interestingly on the weekly farm SPX is in upward channel support, and break of that suggests a similar target.
Break of upward channel will bring it down to a target of 2260.
Interestingly on the weekly farm SPX is in upward channel support, and break of that suggests a similar target.
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