Loading ...Definitely a logical place for the dollar to pause in its’ descent.
Looks like we may need our buyer to show up and at least keep the scum at bay today.
Last week our weekly unemployment claims report was a big surprise and showed more job losses than expected. That was a catalyst for a pop. We’ll see how it turns out this week, they’ve ratcheted up the numbers. Course, whatever the numbers they put out will be fakery, so not sure why it matters other than the algo’s trade on headlines these days.
SM getting some follow thru though. Bitcoin surged bigly yesterday, went from $60K over the weekend to $66K yesterday. 10% in a few days. Someday maybe we’ll be so lucky.