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To: Les H who wrote (27538)12/2/2022 10:23:03 PM
From: Les H  Respond to of 29600
 
The S&P 500 (SPX) rally continues. However, the weekly S&P 500 (SPX) will enter the price exhaustion phase starting next week. It will start the new week with a TD Sell Setup @8. The 2 day and 4 day SPX charts (not shown) have either perfected or recorded their respective TD Sell Setups. This suggests the SPX will be vulnerable to a selloff for the remainder of the month. First indications of a selloff would be realized if the weekly price flips bearish with a close below 3992.93 on Friday, December 9th.

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