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Is the S&P Going to Hit New Highs in June?

New Update Posted 3 Days Ago By Jonas Elmerraji.

Stocks have been rebounding nicely since Monday — in that stretch, the S&P is up just over 2%. And just as importantly, most stocks have been participating in that move. About 90% of S&P components are higher than they started this week. The key takeaway here is that the broad market is bouncing off of the support level we talked about last week. And that's setting the stage for some more short squeeze breakouts in the week ahead…

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