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Shared last that a rather large flag/pennat pattern looked to be forming in the S&P 500 index (see post here). These patterns often frustrate both the bulls and bears, since support and resistance causes quick back and forth action and a lack of trend. Last week saw some big daily swings, yet not much change on a weekly basis.
In the above 4-pack, you can see these assets are facing key resistance lines. Would follow breakouts, yet resistance has to be taken out.
This is great work and very important information during uncertain times like these, its better to know when to harvest and score on defense.
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