This market is building energy for the next leg down that could be very nasty. Look @ the chart, where we can see the bear consolidating we are doing in these values.
Some forex are leading the way, and the way is down down.
Breakdown in Mega-Cap Growth Confirms Bear Phase
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While our major equity benchmarks showed incredible strength in Q1 2024,
breadth conditions have been deteriorating since mid-March. Despite the
weakening ...
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