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The market is getting tighter and has people on their toes this week. The S&P 500 is big on making a new all-time high every week it seems but 1626-1630 is not where you want to be chasing this index. It has the ability to fall off a cliff with no support until 1599. This week's economic data is what matters since a positive or less-than-bad number will keep the public happy.

S&P 500: Which Way Will It Go? - SPY ytd