Stock Indices – In this month’s edition of the Elliott Wave Navigator, we begin by taking a more in-depth look at the progress of the benchmark S&P 500 index. Its overall direction remains in focus, especially around the disbelief that this year’s uptrend will continue. Cycles also play a part in discerning the timing of major trends so we’ll be examining those too. In terms of Sector out/underperformance, the U.S. large/small-cap differential is updated along with Financial’s (XLF) pe...
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