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SPX 500 Consolidating for a Major Move?

When markets trade in a range, technical analysts often interpret this as a consolidation for a potential large move to come.  Often this large move is sparked by a breakout either higher or lower depending on the overall trend of the market. In this week’s Technical Insights, Toby Genaro from Trade With Precision, assesses the SPX 500 and discusses what he reads from the current price action.

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