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Jim Wyckoff

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S&P 500 Stock Index Drops to Longer-Term Trend-Line Support

December 26, 2018 by Jim Wyckoff

I said in October that I believed major market tops were in place for the U.S. stock indexes, and that notion has been bolstered heading into the end of the year. See on the monthly continuation chart for nearby S&P 500 futures that prices are still in a longer-term uptrend, but just barely, with trend-line support coming in at the 2,300.00 area. The Stay tuned!

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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