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Writer's picturejeremy cho

SPX500 REBOUNDS, TARGETS KEY PIVOT 4540

The long signal on the 4hr charts at 4269 was captured on 160322 and targets the Day pivot of 4540.


The short term trend is still down till we close and hold above 4540. If 4540 is broken to the upside, we will test the next pivot on the week charts at 4823.


LONG TERM UPTREND since 011220

MEDIUM PULLBACK since 010620

SHORT DOWNTREND since 180122


PIVOT 4540

Short positions below 4540 for 3946 and 3495

Long positions above 4540 for 4823 and new ATH



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