Fundstrat’s Mark Newton made the short-term case last night

I made the short-term case last night and this morning that Equity indices likely bottomed which had zero to do with Tariff rulings, or Govt Shutdowns ending but more based on near-term Wave structure. $SPX below

While breadth and momentum remain a concern given some of the bifurcation across sectors, a push to new highs is certainly possible and likely in November BEFORE any addtl minor consolidation gets underway.