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A range trade is shaping up in the S&P 500 (and that's not a good thing)

Discussion in 'Technical Analysis' started by ForexLive, Sep 16, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Top end held yesterday A sharp drop followed by a consolidation trade is usually a bearish signal. Today's 12 point decline in the S&P 500 is a worrisome sign because it underscores that yesterday's high failed at Tuesday's best level.

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