During the last days we have been marking lows and as soon as we got to the 100D SMA on the SPX/ ES Futures the market took a rest.
Unlike yesterday and the day before, my calculations show that this a greater like hood to trade higher from this point.
The market was headed to 1900’s but did not traded it there. Now value is building above 1912 in ESU4 (SP500 Futures)
Gold is trading above 1300 while the EUR is at 1.3344