Powell storm in a tea cup – For now
|S&P 500, USD, yields and gold moved most dramatically on the Powell firing getting prepared rumors – and then it was walked back, assets one after another returning to prior trends. Dump and pump as if it never happened (ES through the low 6,260s support mentioned days ago to clients), my USD bullish call made Sunday continues bringing fruits. Today‘s video illustrates nicely with charts why such moments aren‘t to be solved through reliance on my free tweets…
The premarket recovery in USD is far from alone as corresponding moves develop in gold, equities…
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