chartwatchers
Long

S&P 500double bottom with trendline break

SP:SPX   S&P 500 Index
115 0 10
Today on the daily chart of the S&P             broke the trendline and forming a double bottom .
We could have the same setup a last october with 4-5 weeks rally...

Even if the selling pressures comes back next week , this week we can have a nice bounce for 4-5 days...
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