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Daily Chart - Tomorrow is important |
With the late day move the SP-500 closed above it's 5/22 intraday high of 1687.17. I think tomorrow and Friday will be very important for the index. If we have a pullback of any size then we could be watching the right shoulder form. If the 50 day sma holds and the index moves higher then a 1710 close would make a higher high and likely brings 1745 in sight. Where's that crystal ball?