IIFT Daily Note with Peter Brown

Relief bounce or bottom

Posted by:  |  Time: 7:03 am  |  Topic:
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Some speculation 1070 was the bottom in the S&P. Good bounce from there last couple of days.

Plenty to keep our attention today and tommorrow. Today we get rate decisions. To be honest I don’t know what will happen if we get a rate cut. We will just have to wait and see. And then the Non farm payriolls Friday.

Market is confusing at mom, sitting back untill I get direction.

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