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The S&P 500 has broken through support, which is an old resistance areas from the 2018 and earlier 2019 highs. On July 18 the following chart was posted of the S&P 500. At that time the S&P 500 was in an uptrend, and currently still is.
The drop through support is important, though, since it means a bigger correction is underway.
Minor corrections are typically 7% to 10%. During the run higher in 2017 we…
The post S&P 500 Breaks Through Support. Target Areas to Watch appeared first on Vantage Point Trading.
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