Fundstrat’s Mark Newton made the short-term case last night

I made the short-term case last night and this morning that Equity indices likely bottomed which had zero to do with Tariff rulings, or Govt Shutdowns ending but more based on near-term Wave structure.  $SPX below

While breadth and momentum remain a concern given some of the bifurcation across sectors, a push to new highs is certainly possible and likely in November "BEFORE" any addtl minor consolidation gets underway.  

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