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Grinding Lower

Physical weakness, a wider downtrend, but July paper buying
Published: June 2, 2026
Written by:
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
and
Martha Dowding

Martha Dowding

Research Associate, Flux
Martha Dowding
Reviewed by:
Giovanni Simonetti

Giovanni Simonetti

Junior Data Analyst, Flux
Giovanni Simonetti
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The bullish hysteria of spring seems to be firmly in the rear-view mirror, and what remains is a sombre return to normality

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