Nope, this isn’t another post about the gay sex hookup app (GRND, if you must know). It’s about the nature of the /ES market right now. Having climbed about 100 points For No Particular Reason, it has found a happy home grinding around precisely at its 10-month long trendline.
Is this another “Ramp and Camp” day? (The most boring of all). At the moment, we are rammed precisely against the broken trendline. It would seem tomorrow morning’s PCE might have to be the key that unlocks this situation.
