The S&P 500 followed the plan set forth from last night, a slight extension up in the morning today to test 4533 to 4539 range, with the actual high this morning at 4522. From there, there was move down that held above the afternoon low from yesterday. I have to interpret that as there is still chance to push back into the 4533-39 zone if not higher. However, any new high, if there is to be one, need not be today, as the market could now just chop around in the range waiting for the NFP numbers tomorrow morning. I’d say the odd of a new high are best in the Nasdaq 100 and least likely in the Dow.
Bonds rising a bit to stretch for 121^31. I’d like bears to lean in on this tomorrow and have ZB drop under 120^29.