ES/SPX is seemingly extremely bullish, having rejected resistance around 4140 and having a subsequent bullish rally off the lows since then. However, RSI divergence continues to limit upside. Broad market indicators, such as market breadth, are lagging. Volatility looks poised for upside. Bonds are looming for a breakout as well.

Watch for the overthrow top
futuresSPX (S&P 500 Index)S&P 500 (SPX500)spxfuturesSPDR S&P 500 ETF (SPY) Trend Analysis

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