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tangman

Study potential 2008 analog

S&P 500 Index (SP:SPX)  
tangman  
SP:SPX   S&P 500 Index
Trend Analysis
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trendanalysis
Today it feels like we have panic buying into XLE.... at the exact prices they found at the 2008 top!

So what if XLE and SPX turn down from here? It would follow the analogue of 2008 where XLE tops into a bull trap for SPX.
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