IXC Very Bearish Outlook

This is a classic bearish breakout, couldn't reach 78.6 with this move, so a breakdown to 50% line is on its way.
EDIT: One small mistake on that chart stop loss should be 39.06

This is also a similar outlook for SPX...
IXCSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY)

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