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$SPX – 2,400 Horizontal Resistance
Monday, April 10, 2017 19:46
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SPX attempted to break out of the channel coming into the April 6th turn date. Price was not quite strong enough to break it at that time and has cooled for another attempt.
SPX should be ready this week for another attempt to break channel resistance. The next strong resistance is located at 2,400 which is likely to be tested this month.
60min Chart
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Source: http://cyclicalmarketanalysis.blogspot.com/2017/04/spx-2400-horizontal-resistance.html
