Very close to the 2011 high....next week should be interesting.My best guess is a false break out but the trend is up and has to be respected.keep an eye on the moving averages.I would be tempted to sell if we break out,hit some stops and then reverse and get a cross on the ma's,especially if the spx fails to confirm.
Also keep an eye out on the upward sloping channel on the chart I posted yesterday.
Also keep an eye out on the upward sloping channel on the chart I posted yesterday.
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