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Writer's picturejeremy cho

SPX WEAKNESS BELOW 3491

The short signal issued on 151020 has prevailed throughout the week.

Price action in the cloud is often characterized by high volatility till a breakout from either side occurs.


A break below the 4hr cloud will test 3333.

A break above 3491 will resume the uptrend and test 3550 and 3585 (ATH)


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