The View from 5th Avenue

The View from 5th Avenue – 27 June 2022

Similar to Europe, the US endured a woefully dull session that meandered lower throughout on meagre volumes as the market digested last week’s squeeze. June is still down a gentle -5.6% with H1 -18%, but some recent green shoots have provided a little hope (though see below meme for caveat). Last week, the S&P got back above 3810/15, the mid-May breakdown point.

The content on this site is available to all Redburn clients as part of Redburn Execution’s standard service. It is not considered substantive research and there are no commercial implications to viewing these pages.

Please enter your email address below to view this page. If you are still unable to access the page, please speak to your account manager.