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Short term SPX price motion

FX:SPX500   S&P 500 Index
3
The zone around 1830 appears to offer (temporary) support based on an innovative pitchfork arrangement, constructed with the aid of a declining trend line(1). Will a reaction towards (the cloud) 1970 ensue prior to further declining motion (for instance 1700) or the Schiff pitchfork guide values lower ?
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