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While the Nasdaq was finally able to break out of its long-standing range yesterday, the S&P 500 once again traded to the top of its range and then pulled back. That makes it 29 trading days that the S&P 500 has now traded in a 36-point range between 1083 and 1119.

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Nasdaq Last Six Months122109
S&P 500 Last Six Months122109

Source: S&P 500 Stays in the Range While the Nasdaq Breaks Out