Markets opened higher and the SPX hit 1180, just below the next big resistance area of 1184-1187. Trading back below yesterday’s high of 1176 is a short-term sell signal, or a signal to take some profits if you’ve been trying to trail this 3 day move from Monday. Key support starts at 1160-1164, then 1157, with major support down in the 1140-1145 area. Keep taking trades. Stocks are not…
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