Are we just re-testing the neckline or is the bottom in?

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Gotta love simplistic charts....

Tried to publish this idea with the above simplistic sentence but apparently you can't publish an idea with such a few words...sometimes it's best to KISS (Keep it Simple Stupid).
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Not much change at close this week...no neckline break out nor a breakdown.
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If I was short...I'd be covering. See my latest post for why I think LONG is the near term play.
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Chart PatternsESS&P 500 E-Mini FuturesSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis

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