Tomorrow, the Job Numbers are due out at 8:30 AM Eastern.
We've been up for a few days, and we've found some resistance at the SPY 20 day EMA after a little bleed through.
I don't know if the upsise is over, or if we just ramp to new highs by the end of year. There is a tendency ahead of the Job Numbers for traders to square off ahead of them so they dont get hit with a surprise and caught leaning the worng way.
This is just a background, price action is always first and foremost the boss.
Breadth is +1800, so certainly not the reading that a down move starts from.
Wait and see for now, but keeping this in the background
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