Lots going on this morning, with currencies joining VIX in leading the equity circus. EURUSD smashed its March highs and is closing in on one of two levels of overhead resistance as DXY tests an important channel bottom. The next moves for each will have important implications for the economy and for algo-driven equities.
ES has recovered 23 points of its overnight losses after failing to hold our .886 Fib target. It’s one vaccine headline away from recovering 3258.
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