proxynoorigin

[UPDATE] SP500 pattern similarities 2015-2011

FX:SPX500   Indice S&P 500
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Looks like price made it's needed retracement to stay in its' similar sync with 2011. Maybe a flush down move to 1900-1880 to convince the conservative 'retail crew' that this is THE selloff they've been waiting to get short for. Only to see price rebound back to the 2000 area. Or maybe tomorrow will be a face rip reversal back up to 2015ish.

Note how the RSI has dipped below the down trendline similar to 2011.
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