moved up higher than i thoughtsat morning workfueled w alcohol...

moved up higher than i thought

sat morning work
fueled w alcohol
will (definitely) be revised later when sober

technical analysis wise can move up to 300
buoyed by
- sentiment - talks were seen as + and tech
- fundamental - they're concerned w inflation (still high altho decreasing), wage growth (still high although showing signs of easing), house price & strong migration (contributes to inflation)

ours seems decent, inflation is peaking, wage price index is as expected, unemployment rate is increasing albeit still very low,
private house approvals still as expected
they still worry inflation can flare up
can still hike and can still pause
i doubt it'll go much much higher or much much lower
will just box, w downward bias

US' no comment
inflation is increasing again - cpi, ppi and pci
job (questionably) still tight
BOT, corp profit, retail sales still +
PMI manuf and services still ok
but corp profits -
personal income and spending, i think inlcusive of inflation, still strong
cant make sense, too much alcohol

playing it safe, will re-enter possibly after us lead, ie on wed after au cpi
before jolt
and thurs-fri job - always fudged aka revised

or if not, post fomc 15 june being digested

time to get sober