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Stocks opened sharply lower on Monday, and like many emotional Monday morning gaps, stocks rallied to fill that open gap, but rather than rolling over again once the gap was filled, the bulls kept the pressure on and the indices closed at their highs of the day. The Dow gained 69-points. We didn't see new highs yesterday, but they're not far off. There is one technical aspect that may be a roadblock, as you'll see in the S&P 500 charts below.
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