We are in a market where swing lows have been firmly rejected and price has sprouted higher and is now consolidating. Bias is for lowering volatility and a grind higher barring a firm look down and hold in price. There is enough news and problems out there and it could very well happen.
Plus it's month end so Tuesday's action could be a good tell as to where the money is leaning.
Monday 8-31
Tues 9-1
Wednesday 9-2
Thursday 9-3 29 point range
9-4-Friday
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