Quick update, as being on vacation it’s hard to study markets intraday. This market still has a buy side bias likely attributed to fund managers chasing yield into quarter end.
Ideally equity puts that final rip higher. We need to end this tight range trading. Support is slowly being tesed which is roughly 1,440 on the SPX and 845 on the Russell. We have also somewhat worked off overbought conditions by trading sideways to slightly lower.
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