Lets get ready to Rumble!!!!

Futures open shortly and I reloaded some mental knowledge this weekend.

I'm working on 2 cases for S&P this week.

BULL CASE

• The bull case has S&P running up to Jackson Hole by reaching new all time highs (again).
  
• There could be bulls trapped from last week.
  
• If bulls can get off to a good start tonight and China doesn't have any more surprises in tech, we might touch yet another ATH.
  

BEAR CASE

• Covid, China Tech and now Afgan mess. Plenty of FUD.
  
• VIX is wound tighter then a teenager at Sunday school.
  
• Jackson Hole, Tapering, Inflation
  
• S&P Why don't you just go to your channel, That's your channel. Are you to good for your Channel?. (Happy Gilmore)
  

Comment:

futures open and flat line. will check back at 3am

Comment:

China Tech, bonds, oil, gold, crypto all bullish. To big to fail.