The S&P 500 still consolidates in a prolonged sideways range, where broad participation is counterbalanced by mega-cap weakness. When will this unresolved battle ends?
The Japan index keeps hitting record highs but the risk of a correction is high and increasing...
What’s more in this report:
Very broad US stock market breadth is supportive of the S&P 500 bull case but the (relative) underperformance of big tech still raises cautionary flags.
Silver: A very significant ‘blow-off’ top is. What's next?
US and German 10-year yield: The waiting game continues.
Crude oil: WTI seems poised for a larger upmove. A firm rise above $66 will likely trigger a larger rally phase.
