Qs 30.31, SPY 86.97 and SPX 868.73 HOD is a last resistance before retracing to the recent top on Jan 6. Breaking above is signaling that markets could finish the month - January positive which $SOX is positive now. Because market actions today have broken above 2 weeks consolidation period, breaking above the current HOD resistance could carry fast momentum to upside retracing to 1/6/2009.
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