Bull Flag Pattern

Bull Flag Pattern

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A bull flag pattern is setting up in the SPX. What does today mean for the market trend? Bulls will need to see one big green candle to tell them this is the start of the next move higher. A move that could take us to new highs. Bears will be looking for a failure at these levels and the start a reversal to break the pattern. Also, Crude oil futures had a big day today and let’s take a look at China using the FXI.

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