Where are we now?

QQQ has recovered from the big drop 4 weeks ago but is now in an area which it hasn't broken since early March. With important inflation numbers tomorrow and various FOMC members speaking after the numbers are released the market is likely to be choppy. Not a problem for long term investors but a great environment to lose money for shorter term traders.

The FTSE continues upwards after a one day rest yesterday. It really feels like it needs a rest.

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Where are we now?

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