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stopsandlimits
Apr 26, 2017 2:25 AM

25/03/2017 S&P500 technical analysis 

S&P 500SP

Description

The price has increased rapidly these days, including gaps in that rise, after a clear double bottom at 2325. This has caused the price to approach a resistance that is close to 2400, which being a round number, psychologically influences as the maximum level. Waiting for a rebound in the resistance, may be most likely, but be very pending to break if the rapid rise continues.
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