Observation:
The S&P 500 Equal Weight ETF has been consolidating since April 2024. The price will enter the apex of consolidation in July through August, coiling for a breakout at that time; if not, the market will delay until US elections in November.

Daily view:
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Daily consolidating since April 2024.
P-like wave

Weekly view:
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Weekly pullback to the box of 2022.
Weekly flag pole

Comment:
Patience and sitting on hands in a bull market trend...
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Chart PatternsTechnical IndicatorsTrend Analysis

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