SP500 (SP500)

[gdl]

Late day rally suspect. very suspect.

Good news is that Monday should be final lows if today wasn't.

Analysis call this a Colossal miss on jobs report. Kind a stupid considering the JOLT report and participation rate and unemployment rate all show a TIGHT market. Very Tight! Refusal to take crap jobs at crap pay is the only reason why many companies are struggling to fill their positions. Even good paying jobs are not being filled.

IT IS CALLED TRUE LONG TERM INFLATION formula. The FED knows this.

As for Crypto finally showed a possible big break in the trend. Held support for now but think going forward it will drop badly even as whole market thrives. End game for all markets since this is my canary in the mine.

In fact current move today (crypto) suggests more damage immediately ahead.