Good morning STB!
Slow drip, prophecy tells us what’s coming. Don’t know when, but things appear to be quickening. From the 80’s till now, what we thought then were signs ain’t nothing compared to today.
Good v evil
On to the lie -
Minis up a narrow 10 points. Chart watchers are back to looking for a lower high as an exit signal. Consumer weakness/tightening growing. When fast food gets hit, you know it’s getting real. Hopium dominates. FOMO is still a thing as retail leads buyers, but they’re pulling back now as well. The last thing they want is a turn before Christmas, but I’m not sure they can hang on that long. Liquidity will be a problem and QE will return. Extend and pretend will persist as long as they can keep the illusion alive.
Have a good day.
GL and GB!
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