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Equal-weighted SPX has yet to gain traction while QQQ/SPY down to support

Equity trends show no evidence of wavering.  Despite this week’s mild consolidation in Equity indices, the Cyclicals have managed to kick into gear to provide support to Equities and little evidence of any trend break has occurred in uptrends of QQQ or SPX.  Technically speaking, this mild consolidation should represent a buying opportunity for a push higher into mid-March before any consolidation sets in.  However, as charts be...

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