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NicTrades
Feb 13, 2017 3:12 PM
SPX bearish butterfly resistance
Short
TVC:SPX
1D
S&P 500 Index
TVC
Description
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Feb 13, 2017 3:12 PM
Extended bullish runs tend to become butterfly patterns.
The S&P 500 hits that pattern resistance around 2335
Note I am not calling "the top" here, just significant resistance and a likely correction.
SPX (S&P 500 Index)
Harmonic Patterns
Butterfly
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