Global Macro Focused Strategist & Trader;Former Equity Head of a Dutch Bank;cross asset experience in EM Developed Markets;Market Wizard Anthony Saliba's ex TA
So far except Haaland we haven’t seen real offensive talent in the World Cup; this is a bizarre tournament where referees refrain from doing their jobs & trying to be super nice & forgiving…
Gold $GLD was oversold short term, so we have seen some buying from the lows today; there may be another leg down but this action is normal; upside target is 200 SMA 406.19; 50 SMA is 422.19; 360/350 are lower levels
Market is closed on June 19th, Friday for the holiday, this month's Opex will be on June 18th, Thursday; some chance of profit taking in the most rallied groups like semis.., today we are seeing some signs of that $SMH$DRAM h/t The Options Clearing Corporation $SPX
Headlines like this is still have some negative impact & brings sellers:THE PENTAGON HAS BEEN LOCKED DOWN, HAZMAT TEAMS ARE RESPONDING -CNN but there are too many bears in AAII now; without tape bombs or real bad news which is possible ; market may've some upside from here $SPX