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E-MINI S&P (Z1): Watching The 50-Day EMA


Quick tech - At new intraday low


Extending Sell-Off


Huge 5Y Put Buyer

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ANZ data notes that "Sydney's ANZ-observed spending for the week to 24 July 2021 was the lowest weekly spending result since the pandemic began. Australian weekly spending was at its lowest since the week to 28 April 2020, before JobKeeper and the JobSeeker supplement were first paid out. The current lockdowns differ from the 2020 lockdowns because people are less uncertain. This is good in some ways: most people are much less likely this time to lose employment or hold onto their money due to low confidence. In other ways, though, the experience gained from living with the pandemic has a negative effect on current lockdown spending. National ANZ-observed weekly non-food retail hit its lowest week since April 2018, as reduced access to retailers was not offset by a rush on working-from-home equipment. Most of that spending was done last year."