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S&P 500 HOURLY CHART UPDATE

|Includes: SPDR S&P 500 Trust ETF (SPY)

Recently I have put up 3 hourly charts for the S&P 500. Previously I wrote about a negative divergence that was occurring. We did have a correction and now we have made a new high on the hourly. Very often divergences occur in 3s. Let's see if this works again.

Click on chart to enlarge