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Linda Raschke: Market breadth at -513 as energies, TRV, and NEM perform best

Linda Raschke: Market breadth at -513 as energies, TRV, and NEM perform best
Energies and TRV lead as AA lags

Market breadth stood at -513, but several shares with positive moves were trading below their opening 15-minute bar, with energies, TRV, and NEM described as the best performers. AA was characterized as souring. Linda Raschke, founder of LBR Asset Management, shared these observations.

Raschke has previously highlighted IBM's expected opening near $232, citing a possible significant technical pattern formation in recent commentary. In a separate note, she observed that copper requires a range expansion before confirming an upside breakout, which could shift its daily swing upward, according to her analysis. These observations add further context to Raschke's ongoing focus on technical setups across different asset classes.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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