Markets Taking Their Cue From The Poor Action In The /RTY
With the RTY testing the election euphoria gap, traders are worried the SPX and NDX will follow.
With the RTY testing the election euphoria gap, traders are worried the SPX and NDX will follow.
Ahead of eco data and Powell tomorrow, the markets have developed a handful of lower timeframe squeezes. Let’s discuss whether or not these can trigger more action to the upside.
The goal is to find trends that have the best chance at continuation, and this is where the focus is as the markets head into CPI and OpEx.