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S&P Established Important Near-term Low

Tuesday trading action suggested that an important bottom is in place. So, traders should expect at least a retest of S&P 1220 soon. From a longer-term perspective, however, until proven otherwise...

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Cautiously Optimistic

while Tuesday’s upside breakout had helped opening up for a test of the all-time high, around the 1687 level on the S&P 500 index, the lagging Money Flow measure warns that the market could be in...

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