Mike Santoli's market notes: Stocks levitating, ridiculous Navarro flash crash, resistance ahead?

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Here's the index over the past ten trading days, with intraday highs within a few points of 3,150 four out of the past five sessions:Nothing particularly crucial about 3,150, though it does run back to a failed rally in early

March. And this market has shown that what appears as resistance levels become gates to further upside without notice. But worth watching as the levitation today owes much to tack-on moves in mega-cap index leaders on no news.

 

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Pro More like massive crash ahead. Worst bubble ever just waiting to burst and cause financial ruin.

Pro Like this honest kind of headline.

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