Markets digesting last week’s bounce back pretty well. Some early pressure in the banks took us off the morning highs. Today’s highs was 1373,and Friday’s high was 1374. At least we are developing a nice pivot or defined resistance. We are still above the 10/20day moving average ($136.87 is that level for the SPY). The low of the day was $137.17. The longer SPY holds above…
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