美国标准普尔500指数
做多

Breakout for Stocks??

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Stocks are still broadly ranging, however the S&P is tending toward the upper bound of the range at 3867. We appear to be forming a bull wedge pattern, and the Kovach OBV is very bullish which could indicate a bull divergence. This could suggest that a breakout is imminent for stocks. If so 3937 is a good target. If we reject current levels, then the base of the range at 3737 or so is a likely target.

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