Description
⋅ 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.