Update: SPX 5/2/2016
The hardline (flat) provides strong support. The softline (upslope) provides weak support.
I still believe it is a long until the upslope line gives way. We may experience another low test in 2050's, but I would not bet on it.
I still believe it is a long until the upslope line gives way. We may experience another low test in 2050's, but I would not bet on it.
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