Thoughts for Wednesday 8/2
US credit rating downgraded, can bears use this opportunity?
Going into Globex We had following. After London open all bounces to 06 gave few points to the downside, of course there were couple -2’s on the way but that’s part of doing business. After RTH open we had hardly made any points as we had couple -2’s and couple of +4 on Short against 02 in morning and then long in last hour. Over all very muted day with tight range.
Econ Tomorrow:
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