A Very Timid Market Response…
Post at 9:00 AM CDT
The market reactions to Iranian War thing have been interesting to say the least especially with the fact that Oil as an energy input has rolled over the past five years in terms of relative usage.
My Climate Tech Model signals this week have started moving towards a long-game strategy. That simply means that now it is looking more strongly at areas that have been beaten up the most since the January 29th Gold and Silver Top.
Update Post at 1:00 PM CDT
Today, the market action appears to be dominated by Macro Fundamental factors. Short-term technical traders since last Wednesday seem to be continuing to press the short trade, as other than RSI, there has been nothing bullish this week. That says there is a 133 point vacuum space between 6500 and 6633 in the S&P that will be an attractor in the moment.
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