Good Morning All…
So the market is going to be waiting for the Employent data which will be released around 8:15AM ET 1:15PM GMT
Powell Then Speaks We have Powell speaking at 10AM ET which is 3PM GMT
Markets have been dropping so recover is expected but may not last long…
In terms of Vwap you will find that the standard deviations are flat and that is suggesting a rotation is happening which means they are holding around the vwap and trading above it and below it…So we wait till we start seeing volatility coming in.
I will be updating you all prior to new york.
Mad Love
T