Good news as S&P 500 passes test and continues to rise. Next stop 1,552?

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The last time I spoke of this most important Index was on Switzer on 29 November 2012.

At that time, the market in my opinion was well balanced at 1,410 with two levels identified, G = Good at 1,448 and B = Bad at 1,354.

The premise was that if G was breached, then this was Good and the markets would run up.

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