Rally has neared all-time highs after 20% down in near-record time

Short-term trends in US Equities remain bullish but could face some consolidation after Expiration, given the massive amount of calls being traded vs. Puts based on the CBOE Equity Put/Call ratio. I suspect that Wednesday’s minor drying up in breadth likely could continue to show evidence of less than robust market breadth into next week before a minor pullback gets underway. At present, price has not given any indication o...

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