Mid-week market update: I was a little hesitant about jumping to instant conclusions about the upside breakout of several market indices in reaction to Chair Powell's speech on Friday, and I wanted to wait for signs of confirmation. We have it now. The Dow and the equal-weighted S&P 500 staged upside breakouts, and they are holding above their respective breakout levels, which are constructive signs.
The full post can be found here.
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