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The next hurdle for the market (S&P 500 Index Futures) is t0 break the top of the triangle and close above the 5-day EMA on the day. The market is pausing to reflect on the task, as seen in the 15-minute Candle S&P 500 Futures chart above.

S&P 500 Futures (4298.50) / NASDAQ 100 Futures (13905)

We are taking the Navigator Swing Strategy to 20% invested, half in the NASDAQ 100 and a half in the S&P 500. You can use calls, ETFs, futures, or whatever works for you.

Since the buy signal is intraday, it could be negated by the close, but the context is very positive. Anyway, let’s take it a day at a time.

A.F. Thornton