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Posted on April 12, 2023 12:36 pmMarch 15, 2025 11:32 am by engrbytrade

S&P500: 1-hr Descending Triangle Update

The April 10, 2023 post noted that the 1-hr S&P500 futures chart was developing a descending triangle. Timeline calculations indicate this same S&P500 1-hr futures chart is expected to drop out of its descending triangle after the NYSE close today and continue to move lower in overnight trading.

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