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Re: risk on post# 265350

Friday, 06/29/2018 2:57:45 PM

Friday, June 29, 2018 2:57:45 PM

In agreement on your overall sentiment/assessment. BTW, long time no speak. Hope you an Imi and all are well over here.

I think we got another btfd op with sliding down past then regaining the 50ma. Oscillators in oversold which do not stay there very long historically.

Purely technical, the below chart of $SPX with notes is my current point of view. Several patterns are visible between large symmetrical triangle, an ascending triangle, and overall channel.

Regaining 33ma would benefit bullish outlook with a close above 2742.

Good wishes and trading.....

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