We broke above 1400 target. Seems though the market is losing upside momentum. The DOW has been up 7 (or is it 8) days in a row and runs like this are rare and overdue a rest. I suspect we could see 1408-1410 as a top.
In looking at the charts is see once we reach this juncture of cycles though the market tends to go flat for 4-5 days. Here is the SPX showing this:
GL traders
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