Hey Guys,
As discussed in today’s pre-market note, as long as I see the 10Y under 4.5% and VIX under 15, the bias would be that dips would float back up. Today’s S&P 500 and Nasdaq-100 action is consistent with this. As of this post.
I don’t see anything today that changes that narrative.
Trending upside ranges like this are absolutely perfect environment…