Written on June 6 Summer with the strategy? > If that (note: net ETF inflows) doesn’t return, we’re likely to be swung around by short-term narratives, with the strategy being the prime example. > When there’s selling pressure on the strategy, it becomes fodder for downside tests. Including delays in the Clarity Act, touching the weak side with such narratives could test a $50,000 break, confining prices to a $50,000–$60,000 range for the year, with the 200-day MA acting as a ceiling.
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