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Yep, the bulls are running again. As of 5:30 AM ET, they’re near another breakout. The 5 day cycle projection says its coming. The projection is 4448-50. Trend resistance projects a couple points lower than that, but they usually punch through a little before pulling back.
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Meanwhile, here’s the big picture technical outlook.
And a QE update.
Here’s a freebie on my reaction to what the Fed did last week.