The market opened up 7-9 handles and has been grinding higher all day. The high of the day in SPX is 1376, right below the 1380 peak from July 19. Above that level, which we probably won’t reach today, is the 1395-1405 major resistance level. There have been a lot of nice set ups over the past 2 days, even for those who have just been using tactical strategies versus a portfolio approach. …
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