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The S&P 500 and the US Economy on Shaky Ground – August 30,

posted by Avatar lytman02 635 days ago in Technical, Fundamental, Weekly

Welcome to another week of stock trading my friends! Last week I noted the possibility of a breakdown in the Dow Jones Industrial Average (please see it here). Well, guess what. The broader S&P 500 appears to confirm where the Dow and the US economy are heading. As you can see from the $SPX’s weekly chart, the index has been forming a head and sho
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