Emerging markets are finally starting to make some headway

Trend bullish- Uptrend has reached near-term targets;  However, broadening out in US Stock market should allow for further gains into late June.  Long exposure still looks correct, with consolidation making prices more technically attractive into next week  

Overall, these past few weeks have strengthened the case for a 2H rally, not a selloff back down to the March lows.  While prices are nearing overbought levels coinciding with a noticeable uptick in retail sentiment, there hasn’t been any evidence of deterioration in risk-on sectors.

Technology experienced a minor “settling” this past week while other sectors played “catch-up” This wasn’t thought to be bearish.  Rather, this looks like a healthy sign of short-term rotation

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