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The minor Double Top also known as this year’s sideways trend may put in a higher peak for the second top, but the pattern remains valid below 1426 with the major Double Top pattern giving it a little more room to remain valid below 1432.
Put otherwise, these Double Tops remain valid below 1432 with the minor Double Top confirming at 1267 for a target of 1112 while the major Double Top that has been detailed frequently in the past confirms at 1075 for a target of 728.
Both patterns are supported by the double Rising Wedges at play and both should be treated very seriously so long as the S&P is below about 1432 and the level that would confirm seeing Double Tops in the S&P.