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Sp500 (Ascending Triangle) Bullish!

As the coronavirus pandemic lingers, virus-wary consumers are sticking with their favorite retailers while consolidating their shopping trips. This trend is benefitting some of the largest US retailers which are bucking the general economic downturn.

Technically, Sp500 is closer to all time high and creates Ascending Triangle which indicates
some Bullish bias. Moreover, 4h shows some Bullish momentum.

Target:
$3420

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Chart PatternsHarmonic PatternsTrend Analysis

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