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Michael Ashbaugh

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Jan. 10, 2017, 12:06 p.m. EST

Charting a slow-motion breakout attempt: Dow back for another crack at 20,000

Focus: Apple’s breakout attempt, Telecom pulls in to support, IYZ, AAPL, AGCO, VG, ON

By Michael Ashbaugh, MarketWatch

Technically speaking, the U.S. benchmarks’ strong bull trend is firmly intact.

Consider that the S&P 500 continues to press record territory, after briefly reaching all-time highs last week. Meanwhile, the Nasdaq Composite has broken out, confirming its uptrend, while the Dow Jones Industrial Average remains within striking distance of the marquee 20,000 mark.

Link to MarketWatch's Slice.