Made an error a week ago predicting SP500 would react positively to Non-Farm Payroll even if negative, but instead it just opened down and closed lower.
However this foreshadowed the pattern that played out on Friday regarding bad news on core CPI with it's opening dip and intraday recovery to +2% green.
So the hard floor and subsequent intraday bounce was waiting to go, but when it comes to precision and timing was a week early on this occasion.
Made an error a week ago predicting SP500 would react positively...
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