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Minor Reversal of recent uptrends in DXY, TNX, SPX

gm-  technical trends remain bullish, but overdone and a greater than avg chance of some minor Backing and filling this week before this rally can continue-  For this am-  a minor reversal to the gains which have occurred over the last couple weeks, as DXY, TNX and Equities have all shown signs this morning of inching a bit lower-  While most have recovered some of the early losses.  DXY well up off lows ahead of Europe.. TNX moved higher from 2.31 to 2.333, and Equities have pared some of early declines.  Most of Europe remains down by 0.60% though at new 3 day lows for SX5E, while Asia still finished largely higher today- Most industrial Metals showed sharp gains, with steel, zinc, Nickel, copper each gaining 3-6% , with Precious metals also trying to stabilize a bit, though down off early highs as USD bounce has continued over last couple hours-   With 3 more days left in the month of November, US indices are set to log strong gains of 4-5% for November and the move back to new all-time highs has left many with a real sense of calm with 5 more weeks left in the year, most have become far more optimistic on stocks, and the low VIX and Put/call levels reflect that-  The Key issue near-term is the degree of lack of momentum to this breadth on movement back to new highs, as we haven't really seen a broadbased move across all sectors and has been limited to Financials, Industrials and most recently, Discretionary-  But healthcare and Tech have been laggards, and 5 sectors have shown NEGATIVE performance in the rolling 30-day period.  McClellan's Summation index is well off highs shown this past July, which takes some of the positives out of seeing Advance/Decline back at new highs.  IF Yields start to turn down, which looks increasingly likely in the short run, this could take some steam out of Financials, and result in at least a minor consolidation to this recent move which looks possible before addtl gains occur-  Key areas of support/resistance for today lie at 2202-3, then 2191-3 for S&P the 2 most important areas for most of this week- On the upside-  Pivot points lie near current levels for today- 2206.8 while resistance is found at 2216 and then 2222-3-  Premkt movers this am in HTBX, TIME, AKAO, IDRA, REPH, while on the downside- TUP, HAS, CNHI, and HRB-  Let me know if you have any questions