Comment on The Technical Indicator: Bull ‘trend’ intact, S&P 500 challenges the breakdown point

The Technical Indicator: Bull ‘trend’ intact, S&P 500 challenges the breakdown point

Technically speaking, the U.S. stock benchmarks have thus far weathered a seasonally characteristic October whipsaw. Against this backdrop, the S&P 500 has rallied from major support at 2,117, rising to challenge first resistance at the 2,145 breakdown point.

 

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