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NVDA breakout carries a lot of weight for SPX

Short-term trends are bullish while market breadth has improved this week, given the broadening out in sector performance to help relieve Technology.  While the SPX barely missed hitting all-time highs today, we did see that Equal-weighted SPX and DJ Transports managed to extend gains following Tuesday’s breakout, which is important. Meanwhile, NVDA managed to extend its own breakout following this week’s move back to new highs, a...

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