MacroVoices #364 Julian Brigden: On Opportunistic Disinflation
Macro Voices
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Is This a Bear Market Rally That Was Meant to Fail?
The question in my mind is whether or not we see a daily close below $39.48, which is where the 200-day moving average is right now. That would be probably the best indication if we do see a number below that on a closing print and maybe we are headed considerably lower. The big question of course is when will we inevitably have a cell cycle and is it happening now? In my mind, the beautiful thing about this 4,000 level is that it's a very clean, roundnumber pivot.
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