Last week, we had mentioned that we were ‘bearish’ on equities.
We then pointed out that the price structure of 4375 provided a moment to make a decision. If with consistency, we broke above that structure? Then, We would switch our overall stance, to ‘neutral’. If we did not, then we would remain bearish on equity prices as an overall bias.
We highlight this concept in the weekly note for this week, as well as our thoughts on the Treasury curve …
You can find the video as below on YouTube, and is available in many other video venues (Vimeo, Odysee, etc)
