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The stock market is enjoying the best year in decades — but a bullish pattern suggests it’s just warming up

Mark DeCambre
The stock market is enjoying the best year in decades — but a bullish pattern suggests it’s just warming up

A bullish chart pattern is cropping up in number of equity benchmarks, known as an inverse head and shoulders pattern, and suggests that the broader market may have more room to run beyond its record levels, according to Asbury Research.