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Michael Ashbaugh

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Sept. 9, 2019, 11:40 a.m. EDT

Charting a sustained breakout, S&P 500 digests September spike from the range

Focus: Apple tags 10-month closing high amid triangle breakout, AAPL, IART, AMED, CDAY, ZUMZ

By Michael Ashbaugh, MarketWatch

U.S. stocks are higher early Monday, rising modestly as the major benchmarks digest a respectable early-September rally.

Consider that each big three U.S. benchmark gapped sharply atop major resistance last week, and the subsequent selling pressure has thus far registered as flat, the earmarks of a valid breakout.

Link to MarketWatch's Slice.