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Michael Ashbaugh

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Dec. 19, 2019, 11:48 a.m. EST

Charting (another) bull-flag breakout attempt, S&P 500 tags 3,200 mark

Focus: Crude oil extends breakout amid primary trend shift, USO, MCHP, CREE, PLAB, TECK

By Michael Ashbaugh, MarketWatch

U.S. stocks are higher early Thursday, building on already decisive mid-December breakouts.

Against this backdrop, the S&P 500 has tagged a nominal record high at the 3,200 mark, rising from a tight week-to-date continuation pattern.

Link to MarketWatch's Slice.