S&P 500 index of US listed sharesFXCM
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New upside is marginal, limited and slow from top to top > Dont get fooled by resilience.
The important supporting moving average has shifted to the 160d ema.
Locally expecting a return on the 160d ema (4% lower).
Then there could be a last move up to 2140 (not guaranteed).
A correction to the 500d ema is probably pending (10% down).