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(9/16/17)
With only two weeks left in the 3rd Quarter it appears the
S&P 500 will have another positive quarter making it 7 in a row.
Furthermore since 2013 there has only been "1" bad quarter which was
in the 3rd Quarter of 2015 (point A). Otherwise it pretty much has been
going up in a straight line
In the near term the S&P 500 has been in an upward channel
since April. If it rallies to the top of the channel that would yield a
target in the 2520 to 2525 range. If that range is achieved then we may
see a correction follow with an eventual test of the lower portion of the
channel in the 2450 area.
Amateur Investors
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