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Market Insights

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Market Pulse: Potential Topping Patterns on the S&P 500
David Russell
February 12, 2021
Market Pulse

The S&P 500 has steadily trended higher since November. However some chart patterns suggest it may be topping out — even if there isn’t significant downside risk.

Click here to view the related idea and chart analysis on TradingView.

About the author

David Russell
David Russell is VP of Market Intelligence at TradeStation Group. Drawing on two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them apprised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.

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