Good morning traders,
FED's Brainard had some tough comments yesterday, and the market did not like it. We have seen nothing but selling since.
We have plenty of room to run lower, but the profiles still look weak on the high side. With that said, that's more technical analysis, and fundamentals seem to be at play here. Im looking for some weakness in the morning, and that weakness to be bought, don't think it's a crazy selloff day, even though it looks that way right now.
FED's Brainard had some tough comments yesterday, and the market did not like it. We have seen nothing but selling since.
We have plenty of room to run lower, but the profiles still look weak on the high side. With that said, that's more technical analysis, and fundamentals seem to be at play here. Im looking for some weakness in the morning, and that weakness to be bought, don't think it's a crazy selloff day, even though it looks that way right now.