From the free newsletter by…

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From the free newsletter by Felix at Optionsgeek.com
” The Megaphone pattern is intact. The next move indicates lower, but these patterns can glide along the top line for a few days. A clear breakout through the upper band could send the SPX toward 5,000 in January. In a perfect world, you shouldn’t short the SPX until it breaks the second (lower) dotted line. “