FX:SPX500   S&P 500 index of US listed shares
56 0 10
reversal point is at 1969.

Our preference: BUY above 1969 with targets of 1999 and 2007 points.

Alternative scenario: A break down the level in 1969 paving the way for 1951 and 1937.

Analysis: RSI loses its bearish trend .

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