S&P 500 pushed for new ATHs early in the session, but was rejected, and premarket session is shallow and cautious – why deploy fresh money before NFPs? No reason to, yet there are distinct signs offered by the bond market and yields overall with respect to where equities are going. VIX continues being tame, and that‘s perfectly in line with my call for a slow grind higher, yet tame as befits Presidential election years‘ Santa Claus track record.Note also my publicly expressed misgivings about oil price, and a fresh update meriting attention of precious metals investors and traders follows in the premium section too. Final question of this opening part is when Bitcoin will overcome and close above $100K – key determinant.Anyway, 160 ES points profitable call was delivered to clients yesterday, as of the Nov 21 initiated long move.
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