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Late for an Important Date – 6/6/23

This is a syndicated repost published with the permission of Stool Pigeons Wire at Capitalstool.com. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

It’s D-Day, one of the most important dates in world history.

The stock market is sanguine.

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The May 19-22 anal log is still floating. It suggests a weak rally today. But keep an eye on resistance at 4275-80. If they can’t clear that this morning, the 5 day cycle may have another downdraft coming.

Meanwhile, the massive short position that the hedgies have built in Treasuries still hangs over their heads like a guillotine.

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For moron the markets, see:

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