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S&P 500 (SPX) Just Below Important Resistance


With two hours remaining in today's session, the SPX is circling 1277/78, which is just below important resistance at 1280. A print of 1282 will constitute an upside breakout on the chart, and trigger a projection to 1290 next. Only a decline that breaks 1270 will begin to compromise the current constructive pattern.

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