As a note on the day, there are several inverse HS looking patterns on the SP500 and Dow for instance…that I am sure are being interpreted as breakouts today…however, the midcap 400 is most definately NOT an inverse HS and moreover finished at the lows of the day with a rather bearish candle. The underperformance of the Russell and Midcaps continues…I will post some more charts later.
Quelle Surprise! CEOs Overwhelmingly Negative on Trump’s Economic Policies
as Shallow Fed Rate Cut Confirms Stagflation Worries
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Even a bastion of Republican support, CEOs, has soured on Trump's economic
policies, as the damage to regular citizens mounts.
1 hour ago