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03-25-14 SPX Daily Headline Chart

March 24, 2014: Sellers return to tentatively regain control after last Friday’s breakout attempt failure.

03-25-14 SPX Daily Headline Chart

Sellers return to tentatively regain control after last Friday's breakout attempt failure. An ominous Double Top pattern is developing with the onus on Buyers to rescue prices otherwise a renewed corrective phase will overwhelm month end bullish seasonality. Prudent investors/trades will stand aside until the current corrective range is resolved.

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