S&P 500 flush called, and now?
|S&P 500 didn‘t surpass Monday‘s highs, and I called for clients the rejection at 5,985 to last some time. Sure enough, we got a flush late session Tuesday, clients were ready for it just as much as for my unwillingness to buy into yesterday‘s pullback on swing basis.
What do I make of sectoral perspective and various ratios? That‘s the focus of today‘s video. I‘m looking to the bond market (forget not the bond auction today) and the USD chart, weak price action in the 100-101 crucial support zone that all bulls are looking to kind of hold...
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