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One possible interpretation of the trending channel. (The Purists would say that each trend line needs three contact pointsand the Chart Deniers will claim it's heresy to read the tea leaves
- however the median dotted line is the average the SP has been dancing around as it spirals Upwards. Also check out how the Moving averages converge on support). Still need a big push Up to climb and stay over that $4 hump in the sky.
GLTAH.
Chart, page-4549
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