The Golden Lounge

[gdl]

Slow grind as Q's still very weak. Perhaps the final drop is Wednesday? Economic calendar shows non farm productivity due out tomorrow. that is expected to be minus 5%. Unit labor costs over 8%. On Wednesday the all important JOLTS report expected to stay at record highs.

In this negative market mood i suspect confirmation of inflation pressures and negative productivity along with job openings still at historic highs combined should squeeze out the bear.

Now expecting one more leg down from here. Everything acting as if the correction is not done. Crypto in a slow sideways grind.