Art of Speculation|Aug 02, 2026 23:10
Trump taco, S&P and Nasdaq futures opened higher. Oil dropped to the lowest EMA 200 at 79, likely to fluctuate between 79 and 87 for a while before deciding on a direction. VIX is heading toward 15 after breaking below the trendline, giving the market a chance to continue rebounding. If the S&P pulls back to 7400-7430 without breaking below, it will likely keep moving up.
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