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Short-term Market peak likely by end of week; Breadth waning as wave pattern nears completion

Technical Strategy Video:

Key Takeaways

  • SPX closing in on all-time highs, though breadth was negative and wave structure nearing temporary conclusion from early October; Expecting short-term peak by Friday
  • Technology growing stretched, and DeMark exhaustion shows possible confluence within 2-3 trading days
  • Bitcoin decline looks buyable; Should push back to minor new highs into end of November

The rally continues to press higher ...

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