Hello Everyone,
Slight move lower in the major indices today ahead of the Monthly Payroll Report tomorrow. Both SPX/QQQ tested and held their respective demand zones today on the morning dip but onus remains on bulls to reverse the trend.
ES Resistance 4533 4550 with next support below today at 4516 4509
Bonds (TLT) continue to come under heavy selling pressure.
Please take a moment to look at the trade ideas.