The Technical Indicator: Charting the repair process, S&P 500 approaches next major test

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Technically speaking, the process of repairing extensive damage to the major U.S. benchmarks remains underway.

Against this backdrop, the bigger-picture technicals have strengthened, amid a persistent April spike, though the rally attempt’s sustainability remains an open question.

Before detailing the U.S. markets’ wider view, the S&P…

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