An encouraging rebound but the real test is early next week

Near-term US Equity trends are bullish, and SPX and QQQ seem to have made an impressive bottom near the lows of their respective trend channels, which gives some credibility to the idea that a near-term trading low is either here or very close. Sectors like Healthcare and Energy still look attractive heading into next week, and generally, the Equal-weighted SPX fared a bit better than SPX this past week.  Howev...

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