Lee’s Free Thinking

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Was Friday’s Surge A Breakout?

Originally posted at The Daily Stool. Was Friday’s surge a breakout? Nope. They fell 10 points short on the S&P fucutures. But first comes the cup. Then comes the handle, maybe. Here’s a little perspective from the 2 hour bars. Click to engorge. The uptrend from Turdsday’s low is still intact as seen on the…