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A look at correlated markets this week.
Yen mixed earlier but now pressuring sp500 today.
EuroDollar weakness earlier ( bullish for sp500 ) but strengthing today, pressuring sp500.
10y notes generally higher, pointing to risk off , pressuring sp500
Crude oil down and up and as of late, down, pressuring sp500
Can you help answer these questions from other members on NexusFi?
Here's how it's looking. There was a rejections at 1925. It looked decisive when it first happened at 15:07. I should probably look at the volume there as well. Could the bottom be in? Should I go long and hold overnight?
Here's the "rejection" area with delta volume histogram. No significant volume. Maybe not the significant price level I thought it might be. If volume were high would that really mean something? Should I keep volume on my chart?