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Wednesday, January 22, 2020
SPX and INDU Updates
Not much to add since last update, except to note that INDU is backtesting the first long-term breakout zone:
And SPX has run to a potential near-term resistance zone:
In conclusion, no material change. While a near-term correction could begin at any time, there is presently still nothing to suggest anything other than a continuation of the larger uptrend. Trade safe.
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