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S&P 500 Completes Bullish Triangle

BY BRUCE ZARO | APRIL 24, 2009 | 2:21 PM | 0 COMMENTS

Although the rally from the March lows has looked a little tired recently, more evidence accumulates that the market's technical foundation actually continues to improve.

Indeed, the S&P 500 has just completed a bullish triangle at 865, this coming after its overall trend and monthly momentum also both flipped to the upside earlier this month.

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