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Writer's picturejeremy cho

S&P 500 sees support at 3150 to 3280

Short term weakness on the SPX since the short signal on the 030920 continues to the new trading week of 150920 spanning 14 days. Short term support is now between 3150 - 3280.

A break of 3150 will see a corrective retreat on the weekly charts to 2973.

Alternatively, a break and hold above 3443 will resume the uptrend of the SPX on all time frames.

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