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What is S& P 500 Update 2 May 10 about?

The daily and weekly candlesticks for the S&P 500 have been providing false signals in recent weeks. A broadening top formation is evident which may explain the unreliability of recent candlesticks and heavy volume on both up and down days. Broadening tops lack intelligent sponsorship and the market is being driven unpredictably by rumors, making them extremely difficult to trade.

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