Push back to 6100 likely for SPX

Short-term trends in US Equities remain bullish, and the minor consolidation this week in US Equity indices has not proven severe enough to cause any technical deterioration in the rally from early April lows. Overall, I remain encouraged about the technical progress and structural improvement that has occurred in SPX over the last six weeks, and feel that an upcoming move back to challenge February peaks should be forthcoming.&nb...

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