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Tag: Moving Average

  • Double Bottom test of June Low 220925

    Double Bottom test of June Low 220925

    The S&P 500 is currently forming a double bottom pattern, testing the June 16th low. NOTE- in a previous post, I stated:  “…the odds of a drop all the way back down to the low is HIGHLY unlikely.”  That was based on the 50% retracement which had taken place in August. Three quick points- “HIGHLY…