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Technical Analysis: S&P 500 Megaphone Pattern. #SPX

The #SPX on Monday 16 November is once again approaching the resistance of the so called "Megaphone pattern" that has been taking place since 2018.

On a weekly timeframe, we notice strong divergence with RSI

Possible pullback might be on the horizon

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OTB Global Investments

London, 16 November 2020

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