Despite 2,412 tweets from POTUS since election, the max drawdown for the S&P 500 is 2.8%! 4th highest market returns in the year after the election, but 2nd lowest approval rating. Starting to see signs of churning in short-term breadth indicators. Divergences hint at a possible pause in uptrend, rather than the start of a large correction. Strong support for S&P 500 around 2,530.
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