Market sentiments recovered on the first 2 trading days without any real improvement for the inflation or economy. This looks like a bear trap setup we usually see in a fake trend reversal.
If anything, inflation could be worse for sep-oct as OPEC has decided to cut oil production, pushing up oil prices back to the 90 dollars mark again. My guess is QQQ will close red on the last trading day, benefiting SQQQ
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Ok