Midday Missive

The Transports are attempting a hold. A rally to 110 would not be
surprising over the next 2 days.

The whole board is trading off the 30 Yr. Bond Futures.
A new low in today’s day session would be suspect.
Treat it as a Bear trap.

Look for equidistant swings for the rest of the day.
Price action above the opening range of 1581 in the Spu’s
would lead to a test of 1590 ish.

Time frame trading the rest of the day.

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