source avatarDorte Jelstrup

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So, all in all, you can say, there were signs... And this is the beauty of looking at charts... Going into Friday's sell-off, we had: COR1M in the lows, Put/call ratio in the lows, extended charts for $SMH and $QQQ, and a minor divergence between $SPX and IEI/HYG in late May heading into early June. In sum, a sell-off at some point shouldn't come as a surprise. It's always nice to be a little prepared... Have a lovely Saturday! ✨

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