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Friday, July 18, 2025

SPX Update: And It Was

Last update noted that SPX was probably in a fourth wave that would ultimately resolve to new all-time highs, and that played out:


Bigger picture, this is still a potential resistance zone, so we'll see if SPX does any more backing and filling here or not:


Beyond the successful resolution of the expectations I held for the past week, nothing much else to add yet.  The trend remains up for now.  Trade safe.

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