After a 100 handle move lower since Tuesday afternoon, the market is trying to get some footing here. This would have been Day 4 of the down move, which makes it hard to stay short, so traders are using this area for a quick cash flow long. On a micro level it if feels like the market is trying to hold the lower 1100-1120 area. Given the size and swiftness of the down move we’ve seen this week,…
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