S&P500 on its way to test P&F chart trend line support at between 2400/2425. The 2350 target remains in place, and is just below the initial trend support zone.
It is a 25X3 P&F chart and this implies that if the S&P500 reverses by 75 points to the upside we can then see a trend back up as its expected to rebound from P&F trend line support zone!
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