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Banks have turned more positive heading into Earnings

Trend bullish- Expect rally up to SPX 4515-25, and above to near 4550-65 initially into next Friday, while QQQ’s move above 376 might help this reach 380.  No evidence of any trend deterioration and right to stay positive barring more warning signs.

Thursday’s acceleration has lifted SPX up to near my targeted resistance while QQQ has surpassed 376.  While it might be tempting for investors to sell, there hasn’t been much evidence...

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