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Best SPX month of gains since May 2023 bodes well for further progress

Short-term trends in US Equities remain bullish, and despite some slowing in the breadth and momentum that has taken place in the last few weeks, uptrends remain intact.  While a rally over February peaks should happen this Summer, it’s hard to make a technical call for an immediate breakout.  Both SPX and QQQ likely will find resistance near February highs that allows for consolidation in late June ahead of a push back to new all-t...

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