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It sure didn’t take long to breach the 50 day SMA in the SPY / SPX. All in al, it did offer up some early resistance as the markets dropped sharply from that technical range. Then we slowly climbed back to retest that level and easily breached resistance. The markets rallied and closed above the 50 day SMA. With an open above this level with immediate support, it will show us a very bullish maneuver. You can then anticipate a possible rally back to the previous high range or what is known as the all time highs. Technical support and technical analysis has been reigning supreme these days, so I suspect that predictable behavior is back. If support fails to hold, expect a slight reversion but ultimately should be bought back up to rally. Long live the perma-Bull! Long Signal: HLF DECK EW  Short Signal: Stocks to Watch: TWTR CTXS NTAP JBL HLF WFC  JPM MS NFLX WDC DIS SBUX STZ NKE LULU CREE VZ T HOG MON YUM LOW HD LEN TOL FEYE PANW FFIV


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