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Just looking at the SP500, since mid June, we have seen a jump...

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    Just looking at the SP500, since mid June, we have seen a jump off 3674- TA suggests an RST pattern has emerged- resulting in higher highs and lower lows creating the reverse symetrical triangle. If that is right it would suggest the SP500 will now rise above 3911, hit a peak and then fall below 3674... does this sound about right to the TA people here?

    https://hotcopper.com.au/data/attachments/4481/4481842-b4642c1941b70853523867e2d932cff5.jpg

 
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