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U.S. Equities To Gap Below Key Support

After running into major resistance levels on the post-Fed rally, both the QQQ & SPY (60 minute charts below) as well as most other key U.S. stock indices, are poised to gap below these key uptrend lines/technical patterns, which should have both near-term & potentially longer-term bearish implications.

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Sep 18, 2015 9:23am|Categories: Equity Market Analysis|Tags: , , , |Comments Off on U.S. Equities To Gap Below Key Support