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tradeBob1
Jun 23, 2016 5:48 PM

Long-Term SPX Long

S&P 500 index of US listed sharesFXCM

Description

Long-term trend is still up to sideways. Demand zone is 1800-1900. Supply Zone is 2120-2040. Buys are still buying. Bulls are still winning. Oct-Dec 2015 was a huge bear trap, in terms of volume. Jan-June 2016 was bulls unwinding. We are close to the bears giving up for the rest of the year.
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