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SPX - As time moves forward the SPX still remains healthy looking. It has stalled again, but if it moves higher we will likely see a R.T. Daily cycle, and that would keep things on the bullish side. My weekend report discussed 'break out to new highs' and various ways they play out. For now, if you are long, you are still in the trade, stop at the 1/2 cycle low or raise it to the 10sma if you are more comfortable with that.
Read More The U.S. markets were closed from Wednesday afternoon to Friday morning. We now have 1 day left in this week to trade, and I wouldn't be surprised if many are just taking a 4 day weekend, so we may see light trading. Let's do a quick review of where our markets stand currently...
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