While over the last several months, as the market has been coming to grips with likelihood of a higher Fed Funds rate and the reality of higher long-term rates, the ETF for the Mag 7 has been improving its technical condition. On Thursday, MAGS broke out of a multi-month consolidation. The breakout didn’t hit all-time highs, but the pattern is capable of sending the chart much higher than the current all-time high. Friday’s retracement is
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