If the breaking out is true, the bulls could push up SPX to 925 & 975, or may be higher.
Please note that the market keep rising amid bad news, for example,
1. Bank of America Corp. stock rose in premarket trading after an initial decline, amid reports that it needs $34 billion in new capital.
2. GM to issue up to 60 billion shares to swap for debt
3. GM current stockholders would get 1 pct of new company
It means the market up trend is very strong, don't fight with the trend, follow the trend with caution.
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