Ideal Breakout Buy Candidates

spx_weekly

Big Rally + Heavy Volume = Clear Bullish Power

Thursday’s rally came as a surprise, taking out a key former high and undoubtedly burning some short-sellers.

We’re going to take a broad and thorough look at Leadership in this market for our next Weekly Market Report.

Summer’s aren’t known for their rallies. A scenario where institutions may be running up prices for better sell entries may very well at hand.

But that doesn’t exclude taking advantage of the nice buy weather with ideal breakout buy candidates lining up.

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