Great Morning! The month of August has traditionally been one of the worst for short-term traders. Not this one. Intraday ranges and swings continue to be outsize and outstanding. No reason to believe that will change or end, either. Daily Chart: ES The S&P hit numerous layers of support last Thursday, and squeezed higher to the tune of 50+ points in the final hours of trading. Friday’s faux interest-rate cut kept the part[...]
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[Source: The Money Blogs]
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