hmmm be very very carfull... wage $ growth is not a major cause of inflation, especially not in the current US economy, so on this front it means little apart from the fact that the US economy is slowing.
Nasdaq 100 right back at resistance now and completed its required retrace... be vigilant.
I don't have a great fix on where this counter rally should end, but odds are far in favour of it falling much further
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