🚨📰 May 1st'24
🔸 #sp500 - move lower from the 5140's caused by short term supply. Price still stuck in a medium term 📈📉 range. Will take time to play.
🔸 $us30y (rates) momentum has been strong to the upside, 🔎 evidence suggests move is coming to a short term end. Need 4.7% to break to the downside for stronger medium term momentum.
🔸 #nas100 (Nasdaq) following the S&P 500 (technically) at this point.
🔸 $eurusd - retail were adding to the longs (12k lots) once again on this recent drop.
🔸 $usdjpy - 🐳's have an incentive for retail to starting buying but currently retail only offloading their shorts.
