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franSC
May 6, 2018 2:51 PM

S&P500 moving on an ascending channel. Long

S&P 500SP

Description

The S&P500 is moving in an upward channel, as its most recent low is higher than the previous one. The price target is close to the mid-line of the ascending Pitchfork, around 2760. The invalidation comes when the price closed below the recent low.
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