Stock Indices Break Through Resistance On Strong Breadth

The Stock Indices surprisingly rallied, traded, and closed above resistance. That resistance is now important support. Any trade below support or any move higher on weaker breadth could suggest a false breakout. If there is follow-through tomorrow with a continuation of strong breadth, the next level of resistance is likely to be tested. If support does not hold, rotation back through the range will become a higher probability.

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