Another V reversal at 1096.25. The only thing significant about that number is that it was 50% of the range between yesterday's low and this morning's high. Looks like who ever is buying the market needed to finish before the end of the month, and did most of their buying before lunch today. Anyway, the market found resistance 2 handles below the overnight high, and is now hovering near the VWAP line.
Charles
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