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FTSE 100 index hits new all-time highs, while US has turned back up vs. ACWI

Wednesday’s backing and filling failed to do much damage to existing trends, and SPX still looks poised to push back higher above 4200 into end-of-week/early next without too much trouble. 

Similar to recent days, the near-term technical structure combined with weekly momentum and breadth remain positively sloped, and not overbought.  Minor selloffs in groups like Media/Entertainment and Communication Services have not proven too detrimental, while defensive ...

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