S&P broken upchannel suggests we'll go lower

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Depending how you define this decade long upchannel, we are likely to see a move towards $1555 region. Possibly by June.
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It's funny to see that we are still within this channel as March closed inside of it and April pushed us to the middle of it. Monthly close below 2,550 will bring further sell pressure.
Beyond Technical AnalysisChart PatternsS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spyshort

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