The SPX has been stuck inside an upward channel for many weeks and has been bouncing between both support and resistance levels. It has recently broken through a powerful resistance zone which was holding it... which means it is now very likely to keep heading to the upside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
