INTRADAY ALERT: Probabilities favor risk-on into YE, as we noted last night. Cancelling "zig-zag" call until 12/13

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We have been watching the S&P 500 close on 12/5, as this was the "Day 3" and being above 4,567.80 was important. Instead, the S&P 500 close was just a tad lower at 4,567.18. This is not ideal, but for several other reasons, we believe we have entered a "risk-on" perio...

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