Financials start to join the rally, though indices at resistance

The rally certainly started to show some evidence of “Wear-and-Tear” on Thursday, though no evidence yet again of any meaningful trend reversal.  A couple pertinent points:  Yields have started to move higher and US 10-Year Yields have broken downtrends since June.  This should be a concern to short-term Bulls.  Second, Technology finished flat on the day and seems exhausted after reaching overbought levels with NASDAQ negative on th...

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