In today’s briefing:
- China and Japan Breaking Out — Buy; Bullish Outlook Intact; U.S. Dollar (DXY) Remains Weak
China and Japan Breaking Out — Buy; Bullish Outlook Intact; U.S. Dollar (DXY) Remains Weak
- We remain near-term bullish since our 4/22/25 Compass, and our intermediate-term outlook remains bullish as well (as of our 5/14/25 Compass).
- We will maintain our bullish intermediate-term view as long as market dynamics remain healthy and the SPX and ACWI-US are above 5700-5785 and $119-$121.
- $125-$126 and $123-$123.50 are short-term supports to watch on ACWI-US; we will maintain our near-term bullish outlook as long as $123 support holds.
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