Healthcare starting to kick into gear- What to Favor

Monday’s rally has reached resistance for SPX and QQQ, and near-term overbought conditions combined with Elliott-wave projections and bearish short-term cycles all combine to make a stallout and trend reversal likely heading into this week’s quarterly rebalance.  I anticipate that while the broader Equity trends have begun a bottoming process which likely lifts from July into September, the near-term bounce has failed to make sufficient evidence to suggest ...

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