Bulls Charge Ahead, But the Battle Isn't Over...Yet

Today’s market flows took a decidedly bullish turn, eclipsing the stagnation observed over the past week. Call sellers are rolling up contracts and extending their positions, signaling a shift in sentiment. However, with tomorrow’s CPI print looming, the market could either break out or falter. Despite the bullish momentum, weak volume levels remain a concern for traders, highlighting the ongoing uncertainty in the market.

Market On Close

13 Aug 2024

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