Ongoing Melt-Up in Stocks broadening

Technical Strategy Video (Recorded Thursday, November 4th):

Key Takeaways

Melt-up in US Stocks continuing to spread to different sectors, with Industrials, Retailing and many Hotels pushing back to new all-time highsShort-term momentum getting overbought; Yet, no evidence of upside exhaustion to indicate an impending reversal. Technical target for late Nov lies near 4765-SPXUS Dollar index’s breakout on dovish Bank of England (BOE) decisio...

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