Bullish Signs Point to Higher Stock Market Despite Topping Evidence.

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Source: MarketWatch
Bullish Signs Point to Higher Stock Market Despite Topping Evidence.
Photo: MarketWatch
TL;DR Summary

The S&P 500 Index has broken out over resistance levels at 4200 and 4300, with both levels now representing support. The chart is bullish, and other indicators are also in bullish modes, although some are getting overbought. There is little overhead resistance, with the first resistance near 4650. Large-caps are leading the way.

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