Software Breakout in Place as IGV Clears Resistance; China Equity Setup looks bullish ahead of Trump/Xi meeting

Near-term US Equity trends remain technically constructive on price with $SPX and $QQQ continuing to hold above steep uptrends despite some choppy trading and negative breadth in Thursday's session. Until prices break the trend from late March, it won't pay to focus too much on a breakdown just yet. However, the period between now and May 19th stands out as a high likelihood for the beginning of at least a minor dra...

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