Framing Bias
Major US stock indices open with the declines after stronger retail sales
- US rates move higher
Stocks pick up some steam. Major indices back near highs
- Yields still higher on the day
S&P index approaches, but closes below 200 hour MA. Monday will be a key day ahead of CPI
- 15 points from the 200 hour MA
The EURUSD stretches to the low for the week target. Finds some modest buying.
- The range for the week has been reached
The major US stock indices are closing mixed
- The Dow is leading the way to the downside. The NASDAQ index closes with a modest gain
WTI crude oil trade above $83
- Up about $2.50 on the day
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