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SPX: December Projected Range

SP:SPX   The S&P 500 Index
220 0 0
This looks like it could be a potentially choppy month with no real direction. I'd like to see a breakout of 1430ish to feel comfortable, and a breakdown to about 1398 on the short side. If the triangle breaks out, I'd suspect a target near 1433 for the month. I won't be taking any longer term positions until budget news has past.
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