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the backdrop of the TED pervades everything like an ominous...

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    the backdrop of the TED pervades everything like an ominous cloud and it refuses to invert with the ascent of the US indecies.......likewise the inverted TLT(to SPX) still looks like its in ascention mode despite the recent pullback......these two market functions, aside from their individual values, tell a story of what's healthy, or not, about the current action in the US and is likely another reason that major money in Australia is in no hurry to chase supply

    imo
 
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