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US Dollar, Treasury Yields look close to stalling out and turning lower

Markets have entered a window for potential short-term trend change, but might very well prove short-lived and not undercut 4500 right away.  8/7-8/9 looks important, and if SPX is declining into this window, it arguably should be a low.  Ultimately, a decline to SPX 4350-4400 looks possible this Fall.  However, breaks of 4500 important to suggest this is getting underway.

Despite Tuesday’s minor consolidation, no evidence of tre...

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