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No idea up or down, the pullback most likely would be bought anyway.
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Observation at Zerohedge that this is the first morning in several where bonds are up with the S&P instead of down. They point it out with Bloomberg Charts.
Software says ES resistance at 2152, don't know if it can withstand the cash open frenzy.
Speaking overnight in Australia, the Fed's Loretta Mester said "helicopter money" could be considered to stimulate America's economy if conventional monetary policy fails.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.