This week markets regained its footing with risk gauges improving while the Hindenburg Indicator increased its reading to ominous levels as well. Market internals improved across key equity benchmarks to best levels since mid-June, benefitting small caps (IWM/Grandpa Russel) the most, up over 5% for the week while bumping both 3 and 6 month returns to positive territory. Along that vein, gold also bounced and significantly improved its technical picture getting a tailwind from increased
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