“Death Crosses” typically don’t live up to the hype

Markets have begun the process of bottoming out and have carved out the first meaningful move off the lows since late last week on above-average breadth data. Overall, it’s thought that a rebound in Equities might help to cure some of the poor sentiment readings at a time when the “hard” economic data has failed to show much deterioration. Technically speaking, the rebound in Technology, along with large-cap Financials and Discr...

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