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marketfellow

Time to Say Goodbye 200 DMA

Short
S&P 500 Index (SP:SPX)  
marketfellow  
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators
9
0
trendanalysis chartpattern indicator
03/05
S&P 200 DMA is at great risk of breakdown. Yesterday high price gain accompanied with low volume which set tones for potential failure on rebound effort. Once its 200 DMA is broken, S&P may fall to 2857 for its next support. Downtrend continues.
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