Potential for Movement

The S&P is now up 2.75% for the month and they were going to make sure those gains stuck in the last 30 minutes of trading on Friday. Magically levitating prices near the close on a Friday is the hallmark of all good bull markets including this one.

Today the market is slightly overbought and there is the potential for movement with it being the last day of the quarter. Overall though, prices will continue on their path until something substantial changes.

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