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September 01, 2020 10:18am
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Market uptrend bends, without cracking

Though the market technicals are bending, against the headwind of U.S. congressional inaction, the prevailing uptrend hasn’t cracked. To this point, the S&P 500 has maintained support at its 50-day moving average, and its path of least resistance points higher barring a violation of this area.
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