Smoke from Canada made it all the way down here yesterday. Has anyone given us any good reasons why Canada is on fire? Bueller? Anyone? Didn’t think so. I’d lay odds a certain individual or group is behind this and it’s not a natural event.
Good v evil
On to the lie -
Minis flat. Look, I’m as bored with the market as you are. There’s nothing to report. It is closing in on the 4600 triangle target, and some sort of reversal or retracement should happen there. Sadly this market is rigged and things don’t function properly when the Fed is in total control. How about this, SPX weekly support is 15% lower at 4000. The ATH is 2% higher. Your call here. Sounds like a good spot to execute a little STB best trade and lighten up on the long position.
More to come below.
Have a good day.
GL and GB!
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