2022-06-15

All the Blips Look Bullish

The Mexican peso is highly correlated with VIX, bounced off my support line. Yen down, yield curve steepening, bonds up broadly, crude down. Pretty much everything is as I expected. Stocks have also bounced. However, none of these exhibit follow through moves yet. I want to see the S&P 500 Index above 3850 and moving to points north.

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