It’s payrolls Friday with the Spu’s & Nasd 100 in decision mode.
A mid-week shuffle high and the Indices are flirting with monthly reversal lower
This portends possible trend change.
Spu’s would need to sustain higher on the month (over 2921-22) for higher.
The spreads do not look as ominous as the possible qtrly double top in Spu’s.
I’ve attached Yra’s comments from last night.
I suggest you read it.
If the markets come undone late there will be no buyers ahead of a long U.S. weekend.
I will be monitoring my ETF’s as many have already puked.
This just shows that the volume is in these instruments, not the individual names.