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Has “FANG” peaked out?  Don’t bet on it, but Small-caps could lead

Trend bullish - Expect recent consolidation is nearly complete & SPX begins to push back higher post Wednesday’s CPI print

The minor stalling out in US benchmark indices doesn’t appear that bearish as little to no real deterioration has occurred.  However, this churning has been helpful in some regards, as US indices like the NASDAQ are less overbought than three weeks ago.  Furthermore, this consolidation has prevented sentimen...

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