proxynoorigin

$SPX long term monthly channel trajectory being altered?

SPCFD:SPX   S&P 500 Index
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5
If the $SPX decade long long term monthly channel switching to one less steep... then it's possible lower trendline is around 8% lower in the general area of 2650.

Take Note - EVERY significant bottom made since 2009 has occurred with an RSI reading below 50% on the MONTHLY CLOSE.

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