From a purely QVX standpoint, this news is secondary.
What matters more is the macro backdrop, and right now it isn't giving bulls much to work with. The break below a widely watched level doesn't change my longer-term view, but it does argue for patience over conviction here. 📉
What matters more is the macro backdrop, and right now it isn't giving bulls much to work with. The break below a widely watched level doesn't change my longer-term view, but it does argue for patience over conviction here. 📉