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  1. Bullitt's Avatar
    Didn't realize EFA managed to break higher yesterday too.

    From Argus Research

    The S&P 500 has seen a mild breakout above the June 8 high of 3,232. The index had been trapped in a sideways base for about six weeks. The recent market pause worked off a mildly overbought condition on the daily chart. At the June 11 closing low, or the low for the consolidation, the “500” had given up 7.1% -- which is a very normal and healthy pullback during an uptrend.

    With the breakout, it’s possible the index runs back to its all-time high (ATH) of 3,386 from February 19. We think a larger pullback is coming, but are not sure whether it will be after the “500” takes a run at its old high. Sentiment is certainly suggesting a pullback in the not-too-distant future, but price is the final arbiter.
SPY (C Fund) (delayed)

(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)

(Stockcharts.com Real-time)
EFA (I Fund) (delayed)

(Stockcharts.com Real-time)
BND (F Fund) (delayed)

(Stockcharts.com Real-time)

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