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re: s&p.. for croupier BULL TRAP .... a false breakout from a...

  1. 5,447 Posts.
    re: s&p.. for croupier BULL TRAP .... a false breakout from a consolidation pattern; prices rise into new high ground,indicating a continuation of the rise,but suddenly sink back not only into the pattern itself,but breakdown without warning through the support level of the consolidation pattern....Merril Armstrong. The S&P 500 is the best example at the moment of that possibility.
 
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