Market has been in consolidation today between 2800 and 2790 most of the morning. It’s likely that it’s waiting for the conclusion of the FOMC Chairman’s testimony in front of Congress tomorrow. Or it could be waiting for news regarding a US-China Trade agreement. Or it could be waiting to hear more of Cohen’s testimony in front of Congress. Who knows? It’s just waiting. We should know which direction in a day or two.
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