We have another FOMC Announcement tomorrow afternoon. The market's fiocus may be to posture itself in anticipation of that announcement.
Currently, the market is below Friday's Point of Control which is 1145. The overnight range is 1146.50 to 1140.25. We are also just above the previous yearly high for this contract which is 1143.25.
So here the market sits, not doing much of anything at the moment.
Charles
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