Retail continues to be a drag on Discretionary

Trend still bullish -  Expecting upcoming push back above SPX-4200

While many would correctly call the sideways grinding in US Indices like SPX neutral since early February (and prices are nearly unchanged from those levels), the path of least resistance remains higher.  Despite the lack of a debt ceiling solution, the resilience in equity indices means that most indices aren’t incorrect to be holding up nicely.  (as there’s no say...

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