In today’s briefing:
- Invest As If the Lows Are In; EURO STOXX 50 and TOPIX Reclaim Key Levels
Invest As If the Lows Are In; EURO STOXX 50 and TOPIX Reclaim Key Levels
- We remain near-term bullish since our 4/22/25 Compass when we discussed SPX 5110-5120 as a bounce spot and a level to trade [long] against.
- Possible that major lows are in at 4800-4820 SPX and $402-$412 on the Nasdaq 100 (QQQ), as discussed in 4/10/25 Int’l Compass. For now we want to remain near-term bullish
- 200-Day MAs on ACWI-US and SPX are spots where they could roll over. This is just a lean; if we see no reason to sell at those levels, we won’t.
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