Dont even think about shorting equities right now.
Global futures are mostly all green.
Lithium bulls are buying up the ETF even though the commodity price is flat and Li stocks are in a rout.
ASX punters are buying up stocks like no tomorrow. MQG, QAN, ALL,PME, WTC, ZIP, etc at ridiculous valuations. Too bad the banks dumped yesterday - oh well.
A complete absence of negative ratios (the red highlights) in relation to stocks making 5%+ and making one year highs.
These ex-session NDX futures rips say it all.
They got their rate cut, and they were sold the soft landing narrative. Bears to sleep for another month? But the sink hole looms closer every day.
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