Broken and breaking trendlines…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p09343555801&a=214966864 The uppermost (77 day, 12/31/12) trendline looks to be broken and the 109 day (11/16/12) is cracking.  We say looks to be because in Magee's opinion a trendline had…

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