Thoughts for Wednesday 9/27

Relief bounce before continuation down

Great day in FT land as usual. We had 4386 as possible short on Sunday’s nightly post. Yesterday Globex started downward journey couple points below that. We also had 64 as short area on Monday’s nightly post. Both of these gave enough opportunities for traders to grab 60+ points today. After RTH Open we shorted 50 and then 44's. Stayed out of most of chop between 26 to 36 and then shorted 20. Currently room is long from our level at 12.

Econ for tomorrow and full week:

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