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Tuesday, May 15, 2018

Tuesday after the close

A bearish day on the SPX as we closed down $18.69 at the $2711.44 level. It was really interesting how support of the upper trendline has held today after numerous bounces off of this support. A solid break below this support would be suspicious.
If we continue with this bearishness it means the large 4th wave correction might not be done. Note, indicators are turning bearish!!!

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