My last two commentaries were spent on the very topic that is unfolding now. That the S&P 500 (SPY) seeming breakout above 4,200 was premature with a likely pullback to follow. And then how the market goes through a normal cycle to wash out excess, which helps store up energy for the next bull leg higher. So for as much as I hate repeating myself, I will need to do a bit of that this week to get your heads properly wrapped around the current market environment. And thus prepared for what lies ahead. Read on below to find out more….
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