wait to see if bulls can make a double bottom here.
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I have noticed that some people can see the same chart and think it looks more bearish than bullish and others vice versa. It would be interesting to do tests to see where we all lie on this.
My comments were dictated to me by homie the clown
What is different today,(according to Zerohedge) panic dumping of short term US treasuries that could get caught up in debt ceiling debacle. So that is being read by algos as by stocks. I am guessing because risk parity funds, cough, Bridgewater, cough, dumping Treasuries is supposed to mean they are buying stocks. Which would imply the 28 year old Phd's weren't told about debt ceiling screw ups in the bond market.
failed double bottom attempt, now let's see if bears can make 100% mm. I doubt though.
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