Regional Banks might carve out short-term bottom by Friday

Tuesday’s rapid early day decline in US Equities failed to do much technical damage, and by end of day, SPX had recovered nearly half of the early day weakness.

Despite some of the recent waning in breadth and momentum in groups like Technology, it remains difficult to be bearish on the underlying US Equity indices, as little to no evidence of index price weakness has occurred.  Triangle patterns remain intact for SPX, and price requires a move ba...

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