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T2108 Update – The Underlying Bullishness of the S&P 500’s Melt Up to 1999.99

This week was remarkable. The S&P 500 closed up 2.7% for the week, dominated by a 2.4% rally to start the month, a convincing confirmation of a 50DMA breakout that ushered in the first overbought period in 414 trading days.
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