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Why Technology needs to show a bit more strength  

Key Takeaways

  • SPX and QQQ rally has exceeded near-term targets but has not really been matched by broader market.  Calling for a move back to new all-time highs still looks premature
  • “War Trade” still early to call an end to, and commodity pullback represents buying oppty
  • Technology strength important for SPX, but has not thus far recouped prior support.
SPX and QQQ look far stronger near-term than broader-based indices like the Value-Line Geometric A...

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