Jun 132016
Soft Chinese data has the Shanghai Comp close down over 3%. The latest Brexit poll favors shows Great Britain leaving the EU and WTI oil is back below $49. Thus a bearish tone for the ES overnight. However, Size volume is showing a divergent bullish bias into the US session open. Volatility should be similar to Friday. Trading volume is still split between the Jun and Sep ES contracts, so we may see some price whippiness today. There’s no scheduled US economic data and the markets appear robust in the aftermath of this weekend’s horrific mass killing in Orlando.
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