Once again, the U.S. stock index bulls have made a solid recovery from selling pressure and prices are again back near the recent record highs. The resilient bulls are now working on restarting a price uptrend on the daily bar chart and a push to new for-the-move highs would do that. Bulls again have the solid overall near-term technical advantage, which means the path of least resistance for prices will remain sideways to higher. Stay tuned! Jim
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