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The Stock Market’s Wedge of Reckoning

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The market is in a rising wedge pushing against resistance, requiring a move above xxxx for an upside breakout or a close below xxxx to break the uptrend. While short-term technical bias remains bullish, indicators show a lack of thrust, placing the market in a high-risk window as it nears potential long-term cycle tops. 

Here are the support and resistance levels, cycle projections, and indicators to watch to determine the direction of the next big move. 

Posted in 2 - Advanced Cycle Analytics