We ran smack into resistance on the S&P Futures, and so far have seen a small rejection, but nothing to speak of.
We've entered the lunctime doldrums time zone, which means we could get a pull back here, as we digest the morning run up, but so far there is nothing pointing to a reversal. Breadth is very strong.
The NDX is still lagging, but that can last for weeks.
Not changing my bear market opinion, but we are in the middle of a squeeze here, and it needs to be respected.
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