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Strategies & Market Trends : News Links and Chart Links

SPXL 222.70

+1.6%

Nov 28 4:00 PM EST

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To: Les H who wrote (27481)	11/5/2022 10:20:14 AM
From: Les H	of 29601

The S&P 500 (SPX) rewrote the script last Wednesday, November 2nd, by breaking below the TDST Support at 3908.26. While the market is cracking lower, the usual related indices such as the VIX, or the DXY, are continuing to distance itself with the SPX. The overall market longer term is still weak, but the bear market rally that was initiated last October 13th, looks poised to continue. The 4 hour SPX chart above was on the cusp of a TD Buy Setup @9 for next Monday, November 7th, before price flipping to end Friday. tradetrekker.wordpress.com

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