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Is the S&P 500 Just a Broadening Wedge? - My Thoughts on Why.

Indeks S&P 500 (TVC:SPX)  
DigitalData  
TVC:SPX   Indeks S&P 500
Trend Analysis Chart Patterns Technical Indicators SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) spyshort spylong USD Technical Analysis LONG
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trendanalysis chartpattern indicator spx spy spyshort spylong usd technicalanalysis long
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I think the demand zone pops, distribution levels and levels make sense to back this. The reason I bring it up is that it makes the SPX/SPY slight more predictable in my opinion. I think we had broken the wedge at the top, coming back down for retest and the market / virus happened. Don't get me wrong saying the market would need to correct. I just don't know it would have been then. Thoughts?
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