Fwiw, the SNES chart looks poised for a possible breakout to 2.00 in the period ahead (currently 1.45).
The main indices (except Russell small caps) should put in new highs in the weeks ahead. This is critical from a TA/chart standpoint since it will officially negate the big December swoon and reaffirm the long term uptrend. My working hypothesis is that the Fed/PPT cannot allow a failure to reach new highs, and will apply PPT juice as necessary.
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