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September 01, 2020 1:28pm
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A well-telegraphed market advance

Mid-week market update: The S&P 500 has risen to a new all-time high, and this move was well-telegraphed. I wrote on the weekend and characterized conditions "half-hearted buy signals that indicate low downside risk".
The S&P 500 subsequently staged an upside breakout from a bull flag to a fresh all-time high.

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