Based on the data tomorrow is a 50/50 toss up with NFP data awaiting us. No clear data signs that price wants to move to one side or the other. It all comes down to the data at premarket. What I am also going to be paying attention to is how the financial sector and regional banks sector are performing. XLF for example lost ~ 4.06% of its value today. Will further negative news on banks make there way or is this problem specific to SVB?
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March 10, 2023 SPX, SPY, ES Trade Plan
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Based on the data tomorrow is a 50/50 toss up with NFP data awaiting us. No clear data signs that price wants to move to one side or the other. It all comes down to the data at premarket. What I am also going to be paying attention to is how the financial sector and regional banks sector are performing. XLF for example lost ~ 4.06% of its value today. Will further negative news on banks make there way or is this problem specific to SVB?