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Friday, 14 April 2017

S&P Long Term Analysis 14-Apr-2017

CMP 2327.5

Are we going to see bigger correction in S&P after completing this up trend?



If you see the monthly chart, S&P resisted n supported by the following fib numbers 55, 233, 610, 987, 1597, next in the series 2584. So, will S&P going to be resisted by 2584? And we could see negative divergences in the weekly chart, which supports that, we will start bigger correction in coming months.

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