Jobless Claims Finally Blink

Mike Paulenoff By

Well, well, well... Jobless Claims "blinked" finally... Maybe this is the inflection point that sends the Fed into pause mode? In reaction to the data, ES spiked from 4270.75 to 4278.75 so far. Let's see if this data-driven up-spike sustains and "motivates" ES higher, across its range from last Friday (scroll down to my earlier ES chart post)... 

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