Daily Note

No signs of a significant bottom but a bounce can happen

Jan 10, 2022

Thomas Thornton

  • I don't have any signals that are seen at significant bottoms
  • There are some signs a tradeable bounce is starting
  • I am covering some shorts and adding some trading index ETFs long exposure
  • Powell tomorrow at his confirmation hearing will be hawkish but maybe not as hawkish as the Fed minutes
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