Chinese Equities appear more bullish after M1 gains

Near-term and intermediate-term technical trends remain bullish for US Equities, but it’s thought that the rally in US Stocks likely will face some meaningful resistance at marginally higher levels, which might begin sometime next week, before August 20th. SPX has now officially joined QQQ at new all-time highs and might scale up to 6550 before making some kind of peak near resistance.   Equal-weighted SPX and DJIA hav...

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