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S&P 500
5,214.08
(
0.51%
)
US TECH 100
17,660.00
(
0.33%
)
Dow Jones
39,387.76
(
0.85%
)
Brent Oil
84.14
(
0.22%
)
Bitcoin
62,888.51
(
-0.25%
)
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dexprs

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dexprs

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Thursday, 11/16/2017 11:16:20 AM

Thursday, November 16, 2017 11:16:20 AM

Post# of 110210
Technical View: S&P 500 trades up to downtrend resistance line, levels to watch (TheFlyOnTheWall)
THE FLY 9:38 AM ET 11/16/2017
The S&P 500 (SPX) is trading up to the downtrend resistance line, the top of the short-term bearish price channel that began on November 8. To break this downtrend, price would need to close today above the 2580 level. To rejoin the prior intermediate-term uptrend would need a breakout above 2590. Support is at 2566.56.
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