SPX – When corrections happen in a bull market they are fast and violent.  The recoveries are just as abrupt. This one was no exception, we have had 7 consecutive positive sessions on the SPX and the McClellan Oscillator is back into overbought levels.  Indicating the market is extended and due for a digestion period. Preferably, a digestion through time rather than price before a push to new highs.

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-LearJet