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S&P Ramps Above Key Technical Level, Nasdaq Panic-Buying Continues

Courtesy of ZeroHedge. View original post here.

The machines have achieved their short-term goal (getting the S&P above its 50-day moving-average)…

Next is getting S&P green for the month.

Once again, the US market open triggered a panic-buying bid under mega-cap US Tech stocks…

With FANG stocks up around 3.5% off yesterday's lows…


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