We ended positive for the day even after the early selloff.
<![if !supportLists]>1. <![endif]>SP500: formed a double bottom around 1920 for the Dec future ESZ4. The bulls and large players come to action at 1925.
2. EUR/USD: Marked a midterm max vs the Euro at 1.266 as US equities and bond futures reversed.
<![if !supportLists]>3. <![endif]>US 10yr Tr: Large volume about 25Bn per 30min as USD (50Bn/hour) weakened as the Equities reacted positively.
With trades and actions like today the downside is limited. Macro trades from large player went against the lower trend.
I am hedging 25% of the total portfolio but after today’s action, I might trim it next week.