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S&P In Orderly High-level Consolidation Period

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the big picture remains the same.  There’s an orderly high-level consolidation period near S&P’s 4700, which represented the digestion period in the aftermath of the October rally.  Market internals deteriorated but downside momentum does not appear strong enough to generate widespread breakouts.  As for strategy, buying into short-term dips remains the most profitable strategy

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