pullback to the mean of the uptrend

6 août 2024

Going to look at a bull case here, temporary JPY carry unwind causing a lot of volatility among other things, but there is a lot of support at 16,800. I would put today and that level as potential entry points

8 août 2024

Note

drop in unemployment numbers today made everyone realize that in the midst of its so over we found a were so back. but for real hopefully we will hear less of "fed is too late" and the market can revisit the soft landing view. unless more data says otherwise, lets see at the next fed meeting in sept where we are at.