Smells like a Dead Cat bounce

It started really strong this morning, but weakening now. Looks like a dead cat bounce to me.

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bounce triggered by China’s rate cuts. I believe there were 4 cuts in this year, and it’s not been working out at all. So dead cat bounce is my take too.

Except that the futures were way up before China’s announcement.

Robert

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Yep, the cat died again.

Don’t be discouraged, remember cats have nine lives

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