I'm getting tired of the xjoNasdaq hit a 9 month high last...

I'm getting tired of the xjo

Nasdaq hit a 9 month high last night
AUD continues to trade above the weekly (recovering from the feb/march dump after the April consolidation)
10yr bond yields starting to fall again (avoiding previous highs)
Plenty of room on the vix/xvi for markets to continue to climb

Yet, the xjo continues to tread water

Today could be a good day to ignore last night's lows
So maybe a chance for a surprise run up today

Bulls may have failed to follow through from the 5th may reversal
However bears have also failed to follow through since (they actually had 2 attempts during that suppression)
Bulls have another opportunity today or tomo
Could be their last chance

7320 is what I'm watching for confirmation whether we can finally trade back at 7500+ by the end of this month or if we continue to suppress

Intraday fences are at 7200 & 7260 (at the close)
So not looking good for bulls if we can't get out of this range soon