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Stock-market internal indicators are improving, so the overall picture is still positive. The S&P 500 index
SPX continues to make all-time highs, and upside targets as high as 7,300 are in play.
There is support at 6,900, 6,840 and 6,720. There might be minor resistance at 6,985 (this week’s highs), but another target would be the +4σ “modified Bollinger band,” which is currently at 7,030.
