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The S&P 500 (SPX) formed a double bottom pattern on Monday, April 7, and Wednesday, April 9, on the 4-hour timeframe, signaling a potential reversal from recent lows. Later on April 9, the index broke above resistance, confirming short-term bullish momentum. On April 24, the 20-period moving average crossed above the 50-period moving average, reinforcing the...
