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S&P 500 Index (SPX.I) & iShares S&P 500 Growth ETF (IVV) VS. iShares S&P 500 Value ETF (IVE)

Stock markets around the world have continued to retreat with major US indices falling back to levels not seen since last summer. Increasing tensions and the spiral into the open war between Russia and Ukraine which started overnight have been center stage, pushing pretty much everything else into the background. In this issue of Equity Leaders Weekly, we look at the recent breakdown by US indices as the current downswing deepens, and at the eternal tug-of-war battle between Growth and Value.

Wesdome Gold Mines LTD. (WDO.TO)

A big upswing is underway in Wesdome Gold Mines (WDO.TO) with the shares breaking through resistance in the $13.00-$13.50 area (which has reversed polarity and become initial support) to blast through the top of a sideways trading range that had formed above $10.00 over the last nine months, and to complete a bullish Ascending Triangle pattern.

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