I believe we are seeing end of year propping by super funds so super accounts won't look so bad. I did think that they may have wrapped it up yesterday. However, we are seeing strong defiance here. Perhaps until they close their books.
Ben is now out of Silver Bullets and caught between a rock and a hard landing imo.
I wouldn't count on a snap back rally so fast this time as the break down just began.
Cash is King atm so let's see what next week brings....
Disclosure: No positions.
I believe we are seeing end of year propping by super funds so...
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