{+++} For the day the SPX/DOW were mixed, and the NDX/NAZ were +0.50%. Bonds lost 3 ticks, Crude slid $1.40, Gold slipped $3, and the USD was higher. Medium term support remains at the 1680 and 1628, with resistance at the 1699 and 1762. Tomorrow: the ADP index at 8:15, Q2 GDP (est. -0.7% to +1.1%) at 8:30, the Chicago PMI at 9:45, then the FOMC statement at 2:00. Should be an interesting day.
Let’ stay light on our feet this week through all this data, opportunities are bound to present themselves. see you n the morning.
Joe