2H2023 Technical Outlook

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Conclusions:

Gains of 10-15% more are likely in 2H 2023 for US Equities - Raising my technical target from 4500 to 4700 - Recent broadening out in market breadth has not yet been followed by an equal broadening out in bullish sentiment.  Risk-on Sectors still preferred - Technology and Industrials are intermediate-term bullish, but likely require consolidation into fall of 2023. My othe...

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