The bulls were able to add to the New Year strength last week, but the excitement clearly had dwindled and it showed in the net changes. Some much-needed digestion was seen, which sets the stage for a showdown in the coming days as the S&P 500 faces its 52-week high.
As we head into a new week of trading, it’s time once again to take a look at the indexes and the key levels they’re dealing with. This will impact how individual names move, so it’s where every new trading week begins.
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Run time is 6:19.
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Jeff White
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