Dull Day Likely Ahead of Big News

The market has no direction and it is chopping around the 50-day MA. Traders are not likely to place big bets today.

PRE-OPEN MARKET COMMENTS TUESDAY – The SPY closed above the 50-day MA yesterday and the overnight dip is going to test it this morning. Traders are going to wait for a major round of news in the next 24 hours and this could be a dull session.

Daily Bulletin Continues...