Technical Assessment: Bullish in the Intermediate-Term
Summary
We are raising our intermediate-term technical assessment to bullish from neutral. In just the past three days, the S&P 500 (SPX) has popped 3.2%, the Nasdaq has ripped higher by 4.8%, and the Nasdaq 100 (QQQ) has jumped 4.4%. That is the largest three-day gain since mid-November for the SPX and since early November for the Nasdaq and
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