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kentinvest
May 12, 2020 11:42 AM

Weekly SPX Play Long

S&P 500 IndexTVC

Description

S&P 500 does not show any clear trend in the medium long term. The index is testing the resistance at points 2940. This could give a negative reaction, but an upward breakthrough of points 2940 means a positive signal. RSI diverges negatively against the price, which indicates a danger for a reaction down. The index is overall assessed as technically slightly negative for the medium long term.
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