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Tuesday, June 12, 2018

Tuesday after the close

We ended the day with another positive gain but for the most part today was mainly consolidation, we did close up by $4.83 at the $2786.83 level. We remain very close to making a new all-time high but the market seems slow to advance with lots of consolidation along the way, not our typical impulse wave higher.
We did close back inside the Bollinger bands again and indicators remain up in over-bought territory. Support remains at the 20 day MA at the $2737.34 level.

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