1/x Monday’s update was darn near perfect. So, why mess w/perfection (chef’s😘😂)? Little’s changed.We‘re still stuck in a tug-o-war.👸&🦥are almost @ full strength & w/🦍back under control in SPX’land,they make for a formidable team.Despite the market’s obvious technical break &
2/x innumerable warning signs & waning momentum, it’s going to be difficult for the🐻’s to make major headway this week. In fact, more likely than not,👸&🦥 w/ 🦍’s help will continue to have the upper hand until @ least 3/15, & likely until 3/17. ***3957 is still the big level
3/x to 👀b/w now & then for a close above to turn the tide to the upside. A close above 3903, could take us up the 🛗, to challenge that # in that 3/15-17🪟. That’d be the perfect way to keep everyone on their toes...& markets❤️to make everyone play the guessing game. After all,
4/x it’s NEVER easy. Mr. Market❤️’s to reflexively put positioning in the >challenging place for the ># of participants. Watch CPI tomorrow AM for a few clues. A hot # would be seen as 🐻🥩, but might just be enough to pull neg sentiment offsides enuf for👸&🦥to once again
5/5 trounce the bad news🐻’s. Play the chop w/an upside bias in our usual time🪟’s, w/an👁to take profits. The distribution continues to be narrow & slightly positive bias, but w/a fat left tail. Make sure to hold that cheap convexity on the chance the fat tail wags. Good Luck!🍀
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