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Strategies & Market Trends : Classic TA Workplace
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From: Henry J Costanzo3/7/2020 11:56:52 AM
3 Recommendations

Recommended By
kimberley
tntpal
Zen Dollar Round

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SPX chart/update:

Recent sharp pullback has left behind several layers of overhead horizontal resistance...from 3025ish to 3350ish...

Next underlying potential uptrend support areas appear at 2855-2870ish.

Note the unusual volume upsurge over the last 3 weeks, as well as the pullback in RSI/14 since Dec, creating a positive divergence and indicating a substantially oversold condition at this juncture..

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