ES top

Called not lightly, gold and dollar are rising into PCE. Long weekend. I believe for the second time 5260is is ES top locally. I called it after FOMC as well, I share this with a lot of analysis behind it, but I could be disproven by 0dte distortions or general hysteria.

I would be very surprised to be disproven here, but we cannot predict.

Seeing symptoms of stagflation - growth collapse (PMI contraction levels) yet inflationary prints on PPI, CPI, PCE