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SPX Daily

INDEX:SPX   S&P 500 Index
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Widened Bollinger bands gave us volatility this week. The trend line running from December 2012 is still intact, the area 1750-1760 is important. A close below the longer trend is bearish but.since index has been touching the lower bands for all week it could indicate that the market currently is oversold.
Are you buying the dip today ?
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The trend is now in danger zone, need to close above at least 1750 today.
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