SPY closed up 0.7% yesterday.
Markets were again led by tech heavy Nasdaq.
A close above SPY 313. 40 will start the next bull leg.
If SPY closes below 30y then the index can visit the lower support line in the down channel .
ES futures are up 23 handles as of now suggesting SPY opens about 0.7% higher than yesterday's close.
Jobs report on deck at 0830 hrs . EST. Will market moving.
Markets were again led by tech heavy Nasdaq.
A close above SPY 313. 40 will start the next bull leg.
If SPY closes below 30y then the index can visit the lower support line in the down channel .
ES futures are up 23 handles as of now suggesting SPY opens about 0.7% higher than yesterday's close.
Jobs report on deck at 0830 hrs . EST. Will market moving.