Strange Day

by | Jul 1, 2020 | Daily Note | 0 comments

  • It's a strange day with mega-cap and momentum stocks leading with some economically sensitive important sectors weak
  • The sentiment is back into the extreme zone for equities while there still are some upside DeMark Countdowns that will take a few more days to complete
  • Bonds and some metals look vulnerable for downside ahead
  • Corn, Wheat, and Coffee still look good on the upside
  • Big jobs report tomorrow will likely be received well by the markets
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