Something I'm seeing with SPX. Looks like an inverted HS is starting to form. From a break of this small triangle, a test of the neckline is possible, a break there would send everything risk much higher. A failure would form a right shoulder test, of which a break to the downside would be strong. A failure there would call for a test of the neckline again. I suspect the fed is already printing and has been, so medium term I see things heading higher.
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