Feels like the market wants another direction, other than that of the money "redistributed" by fed to the bank. Institutions are not investors or holders. They are a temporarly tool for fed. zerohedge.com/markets/fed-sent-76bn-treasury-2022-it-now-sending-650-million-banks-every-day-instead More downside to come, after "redistribution" complete. Especting an atempt towards 4350 area and an end to liquidity.
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This is not bullish at all. Not much time to break through resistance.
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