Early Update – SPX and NDX Inverse H&S Bases Breakout

11:23 p.m. ET Microsoft and Alphabet are fueling this morning’s rebound action and are fueling some positive buzz about “AI”.  The morning’s action is further fleshing out pretty decent looking inverse H&S base’s in the S&P-500 and NASDAQ-100. The other averages have higher lows, but less appealing short-term base patterns. While this morning’s PCE data…