Globe editors have posted this research report with permission of Phases & Cycles Inc. This should not be construed as an endorsement of the report's recommendations. For more on The Globe's disclaimers please read here. The following is excerpted from the report:
In sum, the overall picture remains bullish but post-Brexit the markets may not be completely out of the woods just yet. The summer may see some corrections and choppy actions. The next major up leg – which would need participation by a broad sample of the major market indices – may have to wait until September/ October.
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