Current Pause In Markets Offers Good Trade Location

THe current rotation in the Stock Indices does offer the potential for good trade location, as discussed in the Briefing. However, until there is a break confirmed by volume, we are stuck in the current trading range. It was surprising to see no impact on the markets with the PPI release and comments from Fed governors. It may be we are locked in this rotation until the CPI numbers on Fridan.

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