S&P 500 Waiting for a True Breakout Ahead of Jackson Hole and Bernanke

False Breakout: The previous update noted a nascent breakout from a projected declining trendline in the S&P 500 futures. However, this breakout had no followthrough, and the market started trading choppily sideways to slightly bearish. The 4H chart shows the non-directional nature of the market.... FF News: Technical

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