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Attach is a gif of the sp500
The blue line is not the close
It it the long term trading
an indicator that reflect where we are ,
in what stage ,
Top line is top
Bottom line is bottoming process,,
As you can see, we are at a begging of an up
move,
This does not mean a strait up from here,,
but
it means we are closer to a bottom
(risk to down is only 15-20 sp points
reward to up 65-75 points)
Ben
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