Wednesday, July 18, 2018

Upside breakout, FOMO rally next?

Mid-week market update: It's finally happened. The SPX staged a convincing upside breakout from its cup and handle formation. Depending on how you draw the lower line, the upside target is in the 2925-2960 range. The first test will be resistance of the January highs.

Upside breakouts are bullish. What more do you need to know?

The full post can be found at our new site here.

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