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Looking for Continued Strength in the S&P 500 (SPX)


After closing above its 9 DMA yesterday, the SPX has accelerated away from the MA towards the top of its two-month trading range -- in the vicinity of 1295-1297.50. My work argues for continued strength into the above-mentioned resistance area, which should put a lid on the upmove that started last Wednesday at 1268.42.

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