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Breadth impressive but more technical price upside required for conviction

Technical Strategy Video:

Key Takeaways

Trends snapped back Tuesday in what many felt was the beginning of a late year push higher.  However, despite the strong 7/1 Positive breadth, price has some work to doFinancials and Discretionary both pushed back into recent consolidations that were on the verge of being broken.  Meanwhile “FAANG” looks to be arguably breaking its trend from Spring lowsThe trading action over the next few days will be very impor...

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