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[amibroker] OT: W Formation



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To anyone interested:

Take a look at the ^SPX or !SPX chart.

>From Mid-July to present there is a clearly defined "W" Formation.

Looks to me like both Support and Resistance limits have been defined,
but I can't find any particular reference to the formation in TA searches.

Anyone else have any knowledge or opinions?

My inclination is to short the E-Mini S&P500 based upon resistance.







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