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Strategies & Market Trends : Humble1 and Swing Trading Friends

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From: humble1	10/26/2018 10:35:04 PM
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This SPY monthly chart from DP shows the broken bull market trend line and the next big downside possibility. There is horizontal support at this year's lows, but the next major support is on the secular bull market rising trend line, drawn from the 2009 low. A decline of about -25% from the all-time highs would take price back to that line.

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