SPX Breakout Potential Lingers, Mag 7's Signs of Weakness

The SPX retreated following hot CPI data but gained strength during the trading session. Kevin Green says the technicals still show signs of a breakout potential by the end of the week. Market breadth remains a point of concerns, as does the Mag 7, which has formed a flag pattern waving bearish signals.

Market On Close

12 Feb 2025

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