Magnets For Price-Action

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Notch in another day of Accumulation for the S&P 500.

When we say Accumulation we mean that the market rallied on volume greater than the day before.

This is an indication that institutions are favoring the Long side of the market.

We expect the S&P will at the very least hit its 1,000 mark.

These large rounded numbers are like magnets for price-action.