SPY 450 whipsaw and bust or Bust. Either way, it's concluding.
With the ES providing clear indications of a break @ 4370 yesterday, the
Algos took it upon themselves to provide an immediate rescue, all ahead
of 10AM EST.
4408 remains the key level for the ES as the UTL, it has pierced this level
repeatedly.
The Transitory Narrative gains minor traction with the Energy Complex
having a difficult time.
Energy leads, but remains rangebound between it's Daily HWB @ 77
with the lows @ 6501 being the 12 Handle playground.
We can anticipate TECH attempting the 15363 Level for now as 15K appears
to remain the pivot. There had been no significant break in NQ.
Will it fill, Wall Street appears to want that fill for now.
ES has a similar agenda with OPEX Friday, 4450s or bust.
Presently we have closed 90% of all trades/positions yesterday
ahead of 10AM and are taking a break patiently waiting for
resolution.
Algos took it upon themselves to provide an immediate rescue, all ahead
of 10AM EST.
4408 remains the key level for the ES as the UTL, it has pierced this level
repeatedly.
The Transitory Narrative gains minor traction with the Energy Complex
having a difficult time.
Energy leads, but remains rangebound between it's Daily HWB @ 77
with the lows @ 6501 being the 12 Handle playground.
We can anticipate TECH attempting the 15363 Level for now as 15K appears
to remain the pivot. There had been no significant break in NQ.
Will it fill, Wall Street appears to want that fill for now.
ES has a similar agenda with OPEX Friday, 4450s or bust.
Presently we have closed 90% of all trades/positions yesterday
ahead of 10AM and are taking a break patiently waiting for
resolution.