The S&P pushed through yesterday’s high of 1373 in the morning, went as high as 1378, and then reversed harshly to close back below. If you look at the candle from January 26th- we pushed through previous highs of 1328 to 1333 and closed below it, this led to the longest three day correction this year (about 30 handles). We could be in for a similar type pull-back after all of the…
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