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Well based on the current chart indicators, SP will move down...

  1. 396 Posts.
    Well based on the current chart indicators, SP will move down more, probably a month or so before it can show uptrend signs.

    All MACD crossed showing downtrend,
    DMI as well
    RSI sitting near 34

    Yeah, it looks like it going to break the 52week of 0.91, and break the below the 0.90 mark before a rebound is expected.

    Just my opinion,

    Cheers
 
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