Perceived good news with the jobs data tonight so imo a little more upside and a nice spot then for the smarties to sell into this news and then stand aside I think. Interesting to see if we get an upthrust bar up into the 11280 area tonight and a close in the lower part of the bar. That will set things up for a pullback next week. Reality is we still haven't seen our shakeout bar on the 4th tested and a higher swing low firmly in place.
Still sitting on the sidelines enjoying the sun waiting.
Cheers!
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