AM Brew, Jun 10th 2022

As we have been saying, the S&P500 looks range-bound between 3800 & 4250, with below 3900 looking like an ok entry point and 4150 a good exit point. This thesis was valid yesterday and with equities flirting with 4,000 we would be waiting for another 2.5% to 3% down before placing a trading-buy. Today, Don't expect stocks to rebound from yesterday - the…