Markets continue to act very well. There has been plenty to do during the past few sessions. High of the day in the SPY is $140.92, below the bigger resistance of $141.60. As of now SPX is very extended from its 8 and 21 day moving averages so reducing some longs makes sense. Banks have been strong all day, so have oil refiners, casinos, tech and retail. Lots of leaders are acting well….
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