Markets came off the lows with very limited opportunity for longs. SPY’s low of the day was $135.94, right in front of the $135.76 reactionary pivot. After the morning low, it was a grind. High of the day was $136.91, so there is still a big gap that remains unfilled, giving Bears full control. Some traders were frustrated with today’s action, since you had to be short overnight to make money…
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