Yeah, I get that. But what's that got to do with US equity? I thought the inflation was already baked in to it. Anyway, I'd like to think (along with @vanzandt) this is a trap. We'll find out in a few hours.
Resting buy limit covers hit 5x @ 15.50 & 5x @10.50 on the overnight… currently flat…. Will look to renter shorts on anticipated holiday spike!
Longest hold period of the year at nearly 5 weeks... from 11/15 entry date.... was also most profitable by staying with my conviction....Missed resting buy limit Long at 3800.50 on over night session. Anticipating potential IHS on the 15/30 min... may give us a Pop here heading into Fridays session! ~Merry Christmas & Happy Holidays All !!!
End of the bear ? Maybe not ... Conditions are very different from 2016 and forward. We might revisit the lower trendline, Until rates are being cut. 3200 in 2023 ? ~Merry Christmas & Happy Holidays All !!!