Technical breakout of 1-week downtrend on good breadth is a positive for the near-term

US Equities showed signs of extending gains Tuesday in a way that is suggestive that our rally from 4/7 lows should start to work its way higher. As discussed in recent days, the positives surrounding bullish volume imbalances from our US Equity market lows from roughly two weeks ago were more of a positive than the subsequent decline attempts in the past week on lackluster downside breadth, relatively speaking. Furthermore, ...

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