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Crude breakdown kicks off Nov decline and weakness possible until late month – Selectivity important

SPX and QQQ have surged on above-average breadth and have carved out impulsive rallies over the past week.  This is likely a positive for gains to near early October highs into late this week.  However, it’s likely that volatility is approaching for both Equities and Treasuries and Yields might begin to lift again starting around 11/13.  While the extent of this initial lift off late October highs has been impressive, it should ...

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