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Technical Break: Positive Bias On Stock Market Near Term

The stock market has broken the near term trend. This gives an upside bias to the stock market over the next two weeks into the July 4th holiday. Please note the chart below. The move above, followed my proprietary Confirmation Signal tells investors that upside is likely in the coming days. A bounce back to $163.50 on the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is likely.

Gareth Soloway