OK, I was thinking we'd see something like this, not this quick though and I'm not sure this is the move we are looking for, but from the early NFP strength, the two averages I felt were the weakest, QQQ and IWM, have given up ALL GAINS to move in to the RED. The SPY and DIA to a lesser extent have given up opening gains, but remain in the green.
As I said yesterday in last night's wrap, this could be a FAST MOVING market today.
More as I uncover the underlying trade.
5 years ago
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