Today is a half day in the US equity markets for tomorrow's US holiday. As I type equity futures are all up so on plan with the theme of a low being set late last week. Bonds are holding a minor support level and could use a little consolidation before dropping lower to test the daily moving averages late this week. USD is weaker against the major crosses which is a little wrinkle in the plan but not a big one to the idea of higher DX before turning lower in a correction. Gold bouncing a little which is it overdue for.
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