Morning Ideas August 5, 2021

Market in a very tight range here, likely waiting for Non-Farm Payrolls tomorrow at 830 eastern.

I was hoping we'd move out of this area before the number, but the closer we get, the more volatility will be compressed and we won't go anywhere (likely).

Tomorrow should amount to an interesting day, and by the time the morning ideas come out tomorrow, the market will have likely moved out of this area.
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