Posted 9:30 AM ET - PRE-OPEN Market COMMENTS THURSDAY – The market is near the all-time high and gains will be hard fought from now until year end. Momentum and seasonal strength are keeping buyers engaged, but the FOMC meeting next week will temper the urge to buy near the all-time high. The big market rally Tuesday should have produced follow through yesterday and it did not. A daily chart reveals that when the downward sloping trend line has been breached to the upside after a major support level has been tested, we have seen heavy follow through buying and the …
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