The mispricing of risk in the US markets is truly remarkable. The long term outlook is pain.
VIX is complacent.
The Dollar chopped a tad higher.
Gold, silver and bitcoin gave back a bit of their recent gains.
The wiseguys are trying to make a stand on the price of oil at the rim of the 'cup and handle' on the chart around 92-93.
As a reminder Monday September 7 is the Labor Day holiday in the US. All markets will be closed.
Have a pleasant weekend.
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