Latin America appears to be bottoming, despite US weakening further

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Key Takeaways

Additional downside follow-through has caused more meaningful weakness in Russell 3k, along with PHLX SOX index, while NASDAQ has violated uptrends since March 2020Trends still early to bottom, and momentum not yet oversold, while Fear levels haven’t reached capitulatory levels that would suggest any kind of meaningful lowLatin America looks like a relative bright spot...

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