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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: ajtj99 who wrote (34206)8/23/2021 12:24:17 AM
From: Lee Lichterman III1 Recommendation

Recommended By
ajtj99

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R2K is already up almost a full percent and the other indexes are up about .3%. Looks like all the world's problems were solved over the weekend.
Looking at charts this weekend and consumer services has been the smoothest climbing subindex avoiding the steep pullbacks but not really rocketing upwards either. It has just been quietly climbing upwards. It might be a good barometer for gauging how things are going as people run out of stimulus money and extra unemployment phases out.
Oil futures are showing a slight bounce back over $62. Short China was somewhere around the top 5 crowded trades last week. If Xi can keep his mouth closed, might get some action there.
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