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Energy relative breakout worth following

Technical Strategy Video:

Key Takeaways

  • Market bottom still elusive, but initial low expected this week. 
  • Energy relative breakout to SPX makes this a great sector near-term to overweight
  • MSFT getting close to support and after-hours volatility could provide opportunity  

US Equity markets should be close to trading lows, but as discussed, a bottoming process normally takes time, particularly after a 10% drop in just 14 trading sessions.   Many bounces are ...

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