SOX nearing critical support & stabilization looks likely into next week

A minor US Equity pullback is underway but arguably should be complete by next week’s FOMC meeting at the latest and potentially as early as tomorrow.  As discussed, trends from mid-November and August remain quite constructive, and it remains tough to be too bearish in December. Multiple days of negative market breadth gave ample warning signs into early December that consolidation could be possible and this directly fits into ...

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