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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin with a look into the Smart Money Indicator (SMI) as well as how high flying the Nasdaq has gotten (page 1). We the look at the latest business formation (page 2) and residential construction figures (pages 3 and 4). Next, we preview this week’s upcoming Treasury reopenings (page 5) before closing with the latest speculator positioning data (pages 6-8).
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