First Call

First Call September 29, 2022

Sep 29, 2022

Thomas Thornton

  • US equity futures are lower after yesterday's upside move
  • The main picture remains with depressed sentiment and pending Sequential Countdown exhaustion signals
  • The US dollar is higher, although off overnight highs and rates are rebounding after yesterday's big drop
  • Risk remains however it's time to start scaling into long positions with small size selectively