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Energy strengthening short-term; Yet more needed for long-term conviction

Trend bullish- Expect rally up to SPX 4500 and QQQ 395 before possible stallout; Pullbacks buyable when they occur for additional strength into July 21

Minor consolidation happened Wednesday to kick off the first full day of trading in 2nd Half 2023 which finished with a fractional loss to end the session.  Despite minor weakness, trends remain bullish and SPX is unlikely to undercut 4348 before pushing back to new highs for July. 

While...

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