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FYI: We all knew that the S&P 500 would eventually break out of its recent pennant formation at some point. The only question was which way. Following the rally over the last two days, the answer is to the upside. As shown in the chart below, the S&P 500 finally made a higher high and broke out of its recent range to the upside. Regards, Ted https://www.bespokepremium.com/think-big-blog/sp-500-breaks-breaks-out-of-pennant-formation/
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