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Looking for a break out.

May 15th, 2017

The S&P 500 is trading near an all-time, after achieving a high on 5/9/2017. If the market can close above 2398 would be considered. breakout. Also, the 20-day moving average, the blue line, has now moved above the 50-day moving average, the green line, which is another good sign for the bulls.  The RSI indicator is not confirming this new high, but it is showing that the S&P is not overbought just yet.

 

Wealth Management Companies - S&P 500 Graph IMG

LILLY III

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