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Bullish reversal as Growth starts to make a comeback

Short-term trends for US Equities remain negative but Wednesday’s reversal did have the makings of being important from a trading standpoint, and occurred on capitulatory levels of early breadth which can sometimes prove significant.  Despite the negative momentum and ongoing negative breadth, I think a case can be made for a bounce into FOMC which then would likely prove to be resistance and line up with short-term cycles that call for ...

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