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Tech gains still likely to persist this week and could provide Tailwind

Minor gains in US Futures which have steadily gained throughout this am, along with Asia today while most of Europe lower-  bonds largely higher globally, while US 2yr has ratchetted up further to 2.26% which is causing ongoing flattening in the Yield curve which has been fairly persistent in the last couple weeks.  Dollar showing mild gains ahead of today's Fed minutes-  Key to note:   Technology's gains still likely to persist this week, as per SOX chart and this has the ability to provide some sense of Tailwind despite many other sectors starting to pullback after recent gains, so any pullback for now, likely to prove muted and above 2754 would allow rally to continue a bit longer-  Premkt gainers in TTPH, LPSN, WFT, WXMD, AAP, FINL, ROKU, MOS, FSLR, ADMS, JUNO, SBGI, while on downside- TTS, RCII, ANW, CATM LC, DPW, DVN, SLCA, AIMT, MTCH, RIOT, SHPG-   Let me know if you have any questions

 

S&P, Hourly-  Mild consolidation since last week continues.   Above 2730 would be the first sign of this trend being exceeded and then 2738, yest highs would allow for 2754.  On the downside- 2706 important. Under leads to 2688, a more important area of support

 

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