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S&P 500 short

I am bullish on Gold ($GLD) and Treasuries (TREASURE10Y).  I am not bullish on equities.  The weekly chart below shows we have triggered short.  My target for the $SPX is 1215.

Spx2 

Joel Stahl

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Comments

Thanks for the blog. Where do you see the next target for $SPX? I see 1130.

I'd say about 1105.

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