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Neon
22 Th05 2017 13:34

SPX Roadmap Update May 2017 

S&P 500 index of US listed sharesFXCM

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Crunch time coming

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Here SPX could form IHS targeting 2465 on futures while 2479 is the consolidation range projected upwards. In any way, the next 3 weeks leading up to the FED meeting are crucial

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The whole consolidation looks like cup with a handle so far

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FED meeting in mid June has massive significance

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Net positioning is still modest which is positive
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