Note how the bounce on the morn jobless publish reversed as well as took us dorsum into the overnight make inward ES (bottom chart), every bit nosotros straight off merchandise nigh VWAP. That toll rejection inward the depression 930s sets upward an of import resistance/reference betoken for the day's trade. Meanwhile, since that time, we've seen a chip of strengthening inward the United States of America of America dollar, weakness inward unsmooth oil, as well as pullback inward 10-year Treasury rates. I'll hold out watching those intermarket themes closely as well as updating via Twitter.
9:29 AM CT - We tin post away run into (top Market Delta chart) how nosotros accept been oscillating inside the overnight range, amongst VWAP nigh 927. The failure to sustain meaning high or depression TICK readings so far this AM has helped sustain this every bit a make trade.
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