US breakout encouraging, but likely won’t move in a straight line

The near-term rally continues to press higher, but likely will find some short-term resistance Friday and/or Monday where a minor consolidation gets underway.  Short-term evidence of upside exhaustion is now present on $SPX, $SPY, $QQQ charts based on DeMark indicators along with minor cyclical peaks which signal a short-term change of trend Friday.   (Stock prices of $AAPL, $AMZN and $GOOGL were lower in post market trading Thursday, though ...

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