In today’s briefing:
- Defining US Risk Inflection
Defining US Risk Inflection
- Russell and NDX are knocking on resistance levels that have capped previous rally attempts as we enter the early August cycle timeline.
- Tech rally reacting to backward earnings. E’s will buckle into a recession. The July risk on rally cycle is closing.
- NDX 13k and RTY 1,930 are key inflection levels that will drive the global risk cycle ahead of a more turbulent late August to October period.
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