US stocks edge higher

The S&P 500 is up 1 point to 1764 shortly after the open.

The reversal after the record high yesterday was a soft signal that upward momentum has stall but the ability to recover and close well above the lows makes me think any dip will be shallow. Even today, a slightly lower open has already been wiped out.

SP 500 daily chart

SP 500 daily chart

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