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S&P 500 Falters Before It Can Notch a Breakout, What History Says of Trends from Here


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We have waded into a new trading month and the strong tailwinds from July have already left us with disappointment to start the new week given that the S&P 500 was unable to overtake the midpoint of its past six-month range. As we monitor technical levels and track key fundamentals, don’t forget the markets conditions of seasonality.

 

 

 

 

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