Breakout in QQQ is bullish, but Consumer Staples also breaking out

Near-term Equity trends are short-term bullish, and both SPX and QQQ pushed back to new all-time highs on Tuesday. The “Mag 7” slump looks to be over, and big-cap Tech is pushing higher again, which should be helpful towards carrying Equities higher over the next month.  However, there has been a notable slowdown in sectors like Financials, Industrials, and Discretionary, and today’s breakdown in Hea...

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