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SPX, QQQ push back to new highs;  REITS are raised to Technical Overweight

Equity trend bullish but one can’t rule out some temporary consolidation after this push back to new high territory as QQQ, SPX consolidate gains before rallying further.  Yields and the US Dollar have begun to accelerate lower but lie near uptrend line support and have not yet broken down materially.   Overall, short-term trends remain bullish, and momentum and breadth are supportive of further gains into June technically. Whether or not ...

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