After yesterday's rally during RTH market sold off during overnight session but stopped at 61% of RTH range. As long as market stays above 2971 we could expect a positive day.
However, volatility could be high due to Mr. Powell speaking today and FOMC minutes release.
Level to watch would be 2982---2984.
Few reports for today:
US:Jerome Powell Speaks
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Minutes
2:00 PM ET
However, volatility could be high due to Mr. Powell speaking today and FOMC minutes release.
Level to watch would be 2982---2984.
Few reports for today:
US:Jerome Powell Speaks
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Minutes
2:00 PM ET
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