Following a feedback discussion with a member, we realized that in our attempt to provide a balanced perspective with countervailing evidence against our core thesis, our commentary on US inflation is prone to causing confusion. Please see the clarifications section in the previous update for further details.
Trade signal
Here is rare occasion in recent history where the RSI (daily) momentum indicator on the S&P 500 E-mini futures has entered oversold territory. This is the only instrument and technical indicator we follow as historically it has proved to be a reliable counter-indicator of local tops or bottoms, provided downside risks are well managed.
Good luck!
Speevr Intelligence
The Speevr Intelligence daily updates provide in-depth alternative perspectives on key themes and narratives driving financial markets. Our unique collection brings Speevr's exclusive content together with partners' research and analysis.
