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Roller coaster finish is bullish for a rally up to SPX 4250 before a pause

Tuesday’s roller-coaster about-face managed to recoup all of the early weakness after early selloffs held exactly where needed per the ongoing hourly uptrend.

This is a bullish development, setting up for yet another push higher above SPX-4200.  It’s thought that this could create a possible short-term peak, if this were to happen into end of week, with ideal SPX targets at 4230-50.

Maximum resistance for February likely arrives near 4300, wh...

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