Intra-day reversal holds trendline support, for now

Technical Strategy Video:

Key Takeaways

  • While a short-term bottom could materialize for US equity indices this week, it’s right to expect further weakness into late January before any meaningful low is at hand
  • Sector strength in Financials and Energy continues to hold markets up, creating a sloppier selloff than what would be the case if all sectors were falling at once
Technology’s breakdown is a key factor why market indices like...

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