SPX (w) - Chart update - target

SP:SPX   S&P 500 Index

Follow up chart to my earlier post, the bulls bought the dip today into the close. I'm still cautious to the possibility of a reversal but think we may have a target in sight. The upward channel within the longer term channel points to a target confluence region marked (see circle) on the chart. The trendline breach measured move target is also higher. So still neutral but biased long.


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