By John Pisanchik,

Friday’s action in the S&P 500 Cash Index puts it at a double top. The 1150 level held for this week, and we will see very soon if this market has enough to break through that level and on to new highs, or will just bounce off of  it and set up a trading range for now. This should unfold early this coming week. Ha ha, not much else to say about it. Happy Trading.

Filed under: Market Opinions

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