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It’s likely that US Equities show further rally this week as minor bounce looks to be underway;  However, it remains difficult to say that January volatility is complete.  At present, pullbacks in US Dollar and Treasury yields should likely coincide with Equities showing further strength while Bitcoin is helping to fuel a large rally across the Cryptocurrency space ahead of a possible SEC decision this week.    Overall, Monday’s bounce looks encouraging; Yet, better strength out of Financials along with further pattern improvement from AAPL would be promising for January Equity performance

Monday’s early Tech-led rally broadened out sharply as the day progressed, and by end of day, Equal-weighted S&P 500 had achieved a +1.07% gain, which was encouraging to kick off the new week.

Five sectors managed to turn out gains of more than 1.00% in Equal-weighted terms to join Technology’s gains, and this was encouraging for Monday’s performance:  These sectors with 1% gains outside of Technology were:  Industrials, Discretionary, REITS, Communication Services, and Healthcare.

Overall, numerous technical signs last week helped to give encouragement about the potential for a...

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