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Another Traverse of the S&P Coil. Is an Upside Breakout Imminent?


Okay then.... The e-SPU is up 36 points from last Friday afternoon's low to 2062.00, and has just about traversed the entire width of the coil again-- this time from South to North.

The e-SPU is nearing a challenge of its July-Aug upper-channel boundary line, now in the vicinity 2102.

For the bulls to really get some upside traction, they will have propel the e-SPU above 2102-2110, which should trigger a thrust to new all-time highs above 2126.25.

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