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Treasury Yield, Dollar Breakouts have now led to Financials outperforming

Ongoing range for S&P still very much intact.. and minimal losses in Futures this am ahead of the Jobs report not doing much to shake this consolidation-  Long stance still recommended thinking early pullbacks should be buyable and lead to an eventual breakout of this range which is groiwng increasingly narrower as we near the apex of this triangle.  This should bring about far more volatility in the weeks to come than what we've seen thus far in the last couple weeks, so will be important to "FOLLOW" this breakout in whatever direction it occurs, which given the sector rotation, uncertainty and ongoing decent breadth and A/D near highs, should be positive-- Important to note technically that both US Dollar index and 10-year treasury yields have broken out of ranges that have held both since early in the year.  Last nights flash crash in the British pound dropped from 1.26 down to 1.18 in a matter of 2 mins and as of now just a brief recovery-  Key for the next few days-  we've seen breakouts now in Financials, Discretionary, Industrials, Energy to join the strength in Tech while the Defensives have all broken down badly- Utilities, REITS, Staples and Telecomm.  For today.. resistance near 2161 initially then 2166-8. On the downside-  2147, then 2138 key-  Premkt gainers- UVE, GPS, CIT, while on the downside-  IDRA, MACK, SEDG-  Let me know if you have any questions-