It was a rather listless after-hours, with ES meandering back and forth across its SMA10 following yesterday’s continuing bounce off our initial downside target.
Consumer sentiment and leading indicators will be released at 10am this morning, perhaps offering traders some direction.
In the meantime, oil and gas have bounced, USDJPY has slumped, and VIX is back down to its recent lows.
Deutsche Bank, the systemically important bank that no one talks about, continues to drift southward.
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