YaKa

SPX - False Breakout since 2011

FX:SPX500   S&P 500 Index

It is rather common.

It can be a false start or the last push before a correction takes place.

Again, touching the red line again seems too perfect in May > That increases the probability of a false breakout

SPX about to achieve its highest close
Nasdaq composite is about to beat its highest close ever.
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