So far a dead cat bounce at least. The futures settled around 1088 after a false breakout to the upside and a selloff into the close.
Next week should give us a clearer signal by how it moves out of its current trading sphere, up or down.
"The truly hysterical part of this cycle is still approaching, and it may get quite a bit worse when it does. Paranoia is almost a given when the exceptional fail spectacularly. There may be blood, if history is any indication, and a great deal of propaganda and distorted information spread by the money masters, without doubt. Those who have gone before us have stood on similar ground, over and over again. And now it is our turn."
Jesse, Keep the Faith, 7 July 2017
So far a dead cat bounce at least. The futures settled around 1088 after a false breakout to the upside and a selloff into the close.
Next week should give us a clearer signal by how it moves out of its current trading sphere, up or down.