S&P 500 Breaks Out — Is 8,000 Now in Play?

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S&P 500 Breaks Out — Is 8,000 Now in Play?S&P 500SPCFD:SPXAlchemyMarketsThe S&P 500 has broken above its summer triangle as stronger ISM manufacturing data points to improving production, employment and demand. With inflation pressures easing and NFP still ahead, is the market positioning for the next leg higher?