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serman

SP500 SPY 2 inflection points 3300 by EOY

serman  
GLOBALPRIME:US500   None
Trend Analysis Chart Patterns sp500index SPDR S&P 500 ETF (SPY)
2
0
trendanalysis chartpattern sp500index spy
If 4300 fails, expect 3300 by EOY.
Fundamentally the scenario can be backed by the fact that FED wants to drive demand down, hence earnings might need to get adjusted lower than expected.
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