Energy and Financials nearing temporary resistance, but both groups bullish-1H 2022

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Key Takeaways

Bounce underway after having stabilized Monday, yet trends and momentum haven’t improved sufficiently after Tuesday to expect an immediate push to new highs.  As outlined in recent days, additional weakness is possible into late January.Financials and Energy, the two main outperformers for 2022 thus far, are both nearing channel resistance, which makes keeping a close eye on these important.Energyâ€...

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