"Not much has happened since the last update and the long weekend. NYA, as noted Friday, did break its prior high:"
"NYA's break does at least weakly suggest that perhaps SPX will ultimately do the same:"
"In conclusion, all of this was worked out a month and a half ago, and the market has finally done what it was expected to do -- so now it's just a matter of how it handles this current inflection. So far, no signs that bears have jumped back in. Trade safe."
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