S&P Still Rangebound – But Is Support/Resistance Valid for Indices?

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The S&P has been rallying towards the upper end of its recent 1040-1130 trading range over the past week and a half.  Since the S&P entered this range, it’s been profitable to “swing trade” the extremes – by going short near the upper edge of the range, and either covering, or going long, near the […]

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