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S&P and Nasdaq Break Through 50-day MA

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As the charts show, we have a Nasdaq and S&P that both pushed through their 50-day MAs, eventhough daily candlesticks look 'toppy'. The Nasdaq closed the day with net bullish technicals and beyond(?) the likely retest of the April swing low. The Nasdaq has already started to outperform the Russell 2000 after a period of indecision throughout 2025.

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