Summer Fatigue

“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.” – Thomas Edison
As discussed in our Weekly Outlook Video, we continue to maintain that something has broken in the NQ and are keeping a close eye on action across the board. Yesterday was a fairly interesting day and as we discussed, not only are we used to seeing these o/n low liquidity ramps evaporate very quickly but these moves tend to offer interesting opportunities for those that are not distracted by the short-term noise.
We took advantage of yesterday’s action to scalp kiwi and yen (we’ll be looking to do the same today), to add+work our GC longs and also put on a new tactical short NQ / short ZB position. Nothing much to add in terms of the bigger picture or trades that we have been looking at.
Remember that we still have a lot of CB speakers to get through this week as we get ready to go into the 4th of July long weekend.

 

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