SPX was stopped at the old support from September (the rising beige line)
I am afraid this might just be a major correction of a bull market. On this chart you see us still in a bull channel from Nov 08.
If we break bottom channel line, then we might see new lows. Until then I am confident this sell off will be contained by the channel. Lower channel lines are at about 1075 and 1055. I will cover at these points and then play day-to-day.
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