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MikeMM

SPX has been following this fractal i laid out in October

Long
L'indice S&P 500 (SP:SPX)  
MikeMM  
SP:SPX   L'indice S&P 500
Trend Analysis Technical Indicators
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If it is to continue doing so, which I believe it will, then the correction is over, and the bottom is in before 5000.

on the one hour chart we are seeing bullish divergence on the RSI, which has marked prior bottoms.

I wouldn't be surprised if today was bottom.
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