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Excerpted from an article published June 30, 2019.
Introduction
This is a entry in a regular series that looks at monthly price action, via monthly charts, to present a longer-term perspective for a selected number of market barometers.
Right now, we are now monitoring a selected list of 30 indexes and baskets of equities on a monthly basis to try to improve our big picture view of the market.
The story of 2019, thus far, and really the story of the past decade, has been the dominance of growth equities, which have surged higher post