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One of my long-term gauges for the S&P 500 index gave a rare buy signal by flipping up below zero at the end of March on the monthly chart. I also like the fact that the index has not closed below my lower channel band this year on the weekly, while there are many closes above the upper band. I expect the index to rise through the 4219 level (blue horizontal lines), given it stays above about 3950.
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