SPX's (S & P 500, http://bit.ly/i0nsT) very flat downtrend since the 3-17-10 1169.84 cycle high (1169.20 bearish double top on 3-19-10) points to a substantial decline soon, because, it's probably the relatively flat part of a large Short Term Downcycle, see http://bit.ly/i0nsT.
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