
$SPX is back up against the 950 resistance level, its going to be a struggle by the bulls and bears to take control of this market. I think that selling pressure will hit the market the next few days based on the range everyone thinks we are in, and will stay in all summer. The market has attempted to cross the 950 level several times this year with no luck. The only reason I see is if earnings continue to come in like they have, we might just have a chance to break this level.

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