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119 days ago • Posted by Charles-Henry Monchau

S&P 500 Technicals

View from The Bear Traps report: "The S&P 500 parallelogram break last week pointed to a sharp drop heading into election day. The first target is a re-test of the 100 day moving average at 3300. If we close below the 100 day, the next target is the support extension near 3000. Notably, 3300 is still roughly 2% below current levels".

S&P 500 technicals