Updated

SPX500

https://www.tradingview.com/chart/qViFNgKU/

watching ......

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Just a observation: the trend line still hasn't broken yet.

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The trend has officially been broken today.

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Just update the chart.
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Testing the trend line.

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It would be nice to test 2526 - 2532 level before the weekend.
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It looks indecisive for now.
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Another ATH was recorded today. It looks like spx could go up a bit or could range between 2540 and 2585.
s3.amazonaws.com/tradingview/snapshots/4/4reMYbAo.png

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Today's close was about 10 pts lower than the one on Friday. The last trading day in Oct is tomorrow.
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The ATH hasn't been taken out. Let's see how it starts a new month.
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Although it opened high today, cooling down was seen afterwards. The trend line holds by far.
s3.amazonaws.com/tradingview/snapshots/u/uUDcpVwx.png

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The daily doji doesn't tell too much. AAPL will release the earnings. Let's keep a close eye on it.

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AAPL earnings beat the expectation and SPX resumes the bullish trend.

s3.amazonaws.com/tradingview/snapshots/n/N67Mg3P8.png

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ATH again.

s3.amazonaws.com/tradingview/snapshots/e/eMoIkzug.png

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the trend remains unchanged

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Just an observation: the daily bar with an lower shadow.
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The drawback of tax bill made the markets moving down. The daily doji candle shows a pause. Again, the trend has not been changed yet.

s3.amazonaws.com/tradingview/snapshots/6/62tcjoew.png

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Two red candles are next to each other. We haven't seen this pattern for a few weeks. But the Friday candle closed above the blue trend line.
s3.amazonaws.com/tradingview/snapshots/a/ASk1EZPu.png

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It still hasn't broken Friday's range in a chop mode.

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It's been cooled down. 2560s becomes crucial now. If it's broken, we could see 2540s. Otherwise, it would go all the way to another new ATH.

s3.amazonaws.com/tradingview/snapshots/k/KcSJAJJg.png

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The correction is getting deeper.....

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Another doji day.....

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It managed to close below Friday high. Likely, spx would be ranging before the holiday Thursday.
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We got ATH again before Thanksgiving. Potentially, there would be a cool down approaching the month end/start. Expect it would higher than 2600s around Xmas.
s3.amazonaws.com/tradingview/snapshots/d/DF8vPG2m.png

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Expect to see 261x before spx moving up.

s3.amazonaws.com/tradingview/snapshots/p/pQCoPOee.png

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Feb low would be tested again? Shall see.....
s3.amazonaws.com/tradingview/snapshots/q/qelOrFao.png

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The year-long trend line has been challenged. Could it be a solid support? We shall see...
s3.amazonaws.com/tradingview/snapshots/j/j4WlPkT8.png

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The monthly bullish trend remains unchanged.
s3.amazonaws.com/tradingview/snapshots/y/YQTKyFtA.png

summer6

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summer6