So ladies and gentleman…
Now that the news has hit the market place…We await the reaction of asia…
Now usually, news play happen and the market reacts and then pulls back to continue with the move back up…
In this scenario we assume that when price returns to a specific area of support then we assume that the buyers will step in and MM will engage with price to mark it up higher again…
What we need to take into consideration is if AI is going to save the rally, save the economy.
Sounds too good to be true, a single stock is responsible for making people believe that things are all good…?
Well one thing we need to consider…The yields….they have slumped to the downside…They need to stay lower for us to believe that this move is going to start to bring everything back up.
As usual, I will check in with you tomorrow…Unemployment claims…
Mad Love
T