Here’s why this initial decline should prove Short-lived

SPX and QQQ broke support on Wednesday, showing the largest Percentage declines since 2022.  While I expect that SPX is nearing the next serious level of support, just above 5400, it’s going to be important to see US Equity indices stabilize this week and begin to turn back higher.   Wednesday’s decline does not change the outlook of the probable push back to new highs into August.  However, given that cycles (which were correct...

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