S&P 500 futures started to move up overnight and really pushed post 8:00 NY toward the 62% retrace, a nice place for a possible wave two. Bears hit that area just before the day session open and kept at it till about 10:00 to push against 4567.00. That may have defined the range for the day. I’d like to see an eventual move lower but that isn’t normal for options expiry. Normally see a breakout of the range on the following Monday but there is more going on today than usual. The easier trade probably next week.
Crude following the plan, attempting to retest 77.35. I’m not sure it will make it to a new high.
Bonds bounced a little to retest old resistance at 127^01. Ideal would be a drop to a new swing low around 125^22 or 125^06.