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$RSP This chart becomes significantly crucial if the trend line

AMEX:RSP   Invesco S&P 500 Equal Weight ETF
RSP This chart becomes significantly crucial if the trend line is breached. "trend line break" refers to a situation where the price of an asset moves beyond or crosses over a trend line that has been drawn on a price chart. Trend lines are used to represent the direction and strength of a trend in a market. A trend line break can signal a potential change in the trend direction or a shift in market sentiment.
Uptrend Line Break: An uptrend line break occurs when the price moves below an ascending trend line. This can indicate a potential shift from an uptrend to a downtrend or a period of consolidation.

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