Discretionary looks close to bottoming out vs. Staples

*Note: I will be traveling 7/27 therefore no daily report or video. Daily Technical Strategy will resume Thursday 7/28.

The stall out and pullback in US Equities has accelerated further given $WMT’s profit warning and subsequent 8% + drop on Tuesday.  $NDX has taken the lead on this decline and has fallen for the last three trading sessions.  As we’ve talked about in recent days, Technology has lagged over the last week along with Consumer ...

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