Rotation into Equal-weight and Rate-Sensitive Value broadens, while Tech still looks to be in need of consolidation

Near-term US Equity trends remain choppy but bearish when eyeing $SPX and $QQQ, and continue to show bifurcation vs. $DJIA and Equal-weighted $SPX as the rotation toward non-Technology-related sectors continues. I would not yet sound the all-clear, as near-term trends, Elliott-wave structure, and momentum still favor additional selling pressure, and the market still needs to recalibrate its rate expectations with Wa...
Near-term US Equity trends remain choppy but bearish when eyeing $SPX and $QQQ, and continue to show bifurcation vs. $DJIA and Equal-weighted $SPX as the rotation toward non-Technology-related sectors continues. I would not yet sound the all-clear, as near-term trends, Elliott-wave structure, and momentum still favor additional selling pressure, and the market still needs to recalibrate its rate expectations with Wa...
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