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Monthly Stochastic - Bear Cross

Short
SP:SPX   S&P 500 Index
For the first time since late 2021 Monthly SPX - Stochastic has a bearish line cross in the overbought zone. This could be signaling the start of a multi - week decline.

Watch the rising trendline connecting the October 2022 and March 2023 bottoms.
A move below this line could confirm a large down wave.


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