Stock Market Unconfirmed Intermediate Top

Current Position of the Market SPX Long-term trend: Uptrend continues. SPX Intermediate trend: Reaching 2400 has brought about a correction, but 2410 is still a remote possibility. Analysis of the short-term trend is done on a daily-basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.
The Market Oracle

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