Solid buy dip actions today makes us optimistic against unfavorable seasonality
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Solid buy dip actions today makes us optimistic against unfavorable seasonality. Market is spooked by rising global bond yield and had some typical post Labor Day repositioning. The debasement trade will get a significant boost if global central banks start YCC. We see cryptos stabilizing, momentum leaders making new high, and China further rerating.
SPX pullback
NAS100 pullback
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