
Thoughts From The Divide: Rules and Guidelines
“Whatever it takes must now also apply to our defense” In our note from April of 2020, which now feels like half a lifetime ago

“Whatever it takes must now also apply to our defense” In our note from April of 2020, which now feels like half a lifetime ago

Trying to pick a top in stocks has been challenging. But in the S&P, between Tuesday’s tape ref close confirmation and yesterday’s TD 9, we now can confirm a reversal in trend on the S&P 500. Add in a confirmed low in EURUSD, and we have the technical backdrop for significant capital rotation.