Here's a barometer. If we "mirror" what you see in the chart below, we should end the day at 3950. Tall order? Let's find out. Copied from this link: https://www.elitetrader.com/et/posts/5742776/
Makes total sense to me. I agreed with the idea of the markets going up today all along. The move hasnt been as strong as I expected though so far so could still drop.
Let`s see if the 50% holds at 48 ish... still not sold on this NFP spike! 70 -75 TL Kiss held true to form.... providing a generous 30 handle fade with resting sell limits set there!