Technicals - S&P500 index - secondary sell signal generated
Angela Mangan
QMG Pty Ltd
In our late August wire it was highlighted that the potential existed for the S&P500 index to generate a technical sell signal(VIEW LINK). The index technical sell signal was subsequently generated at 2127 on 9/9/16. Last night the S&P500 index generated a secondary technical top / technical sell signal. This further negative technical break re-enforces the expectation for a pullback to 2075. It is important to note that 2075 is the minimum expectation for a pullback.
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Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.
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Angela Mangan
Technical Analyst
QMG Pty Ltd
Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.
Expertise
Angela Mangan
Technical Analyst
QMG Pty Ltd
Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.
Expertise
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