COMPQ has continued tracking the path I outlined on January 29:
And INDU made it back to black (cue AC/DC) and bumped its head on it -- for the moment.
And here's an interesting chart. Overnight repos are (nearly) back down to levels we haven't seen in a few years:
In conclusion, there's not a lot to add about any of this -- the market's doing what was expected but still hasn't answered the bigger question. If bears still have anything left, then they should show up soon.
As a side note, I'll be publishing very detailed results of my investigations into the potential for "AI consciousness," almost certainly later today (probably within a few hours of the open), so anyone who has an interest in AI, consciousness (human or otherwise), or even general epistemology, might want to check back later today. Trade safe.
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