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S&P 500: Slow Bleed – Week Starting 14th August (Technical Analysis) (SP500)

Last week’s article called for a drop in the S&P500 (SPY) to test 4448-58. Considering this week’s low was 4444, it wasn’t a bad call. However, I won’t pretend I ‘nailed’ the market. The sequence of failed rallies and new lows was a

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