Índice S&P 500
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[SPX] Price Breakout Failed on Two Models Exactly Where Expected

892
Price failed to break above the 5 year trend on my Mega Trend model and also got rejected at my extrapolated resistance line on this Acid Trip model too.

I warned yesterday that anything above red is gonna be hard to hold. Couldn't even hold it for a day!

Price also neatly fell back and closed near the extrapolated 4 decade uptrend line.

Will be interesting if we fall through this tomorrow or if it continues acting as a support. Good chance we break through and close under.

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