Last week, the market pierced above the resistance that has been tested repeatedly for the S&P 500 of 2120. What happens from here is the market should move higher based on this near term momentum. However, it is a little like watching a 350 pound lineman run the 40 yard dash. It is just not the same sort of sprint we have seen during the prior break outs of this past 6 year bull market.
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Market in a Minute 2015-5-19