Daily Chart
S&P500 broke below the red uptrending channel and the uptrendline from 1343 lows decisively.The channel break down gives a target of 1394.Supports are at 1412-1398-1385.Efforts to close above the uptrendline at 1430 is required on good volumes to change to a positive bias.
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Lakshmi Ramachandran
www.vipreetsafetrading.com
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