Intra- day 61.8% , 10560 has held initially though appears to be on shaky ground as I post.
Todays pivot, 10450. TAS showing a light offer for the time being, though I would expect this change , impacted partly by the re-balance.
No change in my thoughts. The market is active, but I view it as a short term trading market right now. How aggressive the fund short-covering becomes will be key IMO. For now, we have longs liquidating, providing the liquidity. A rather smooth exit for both sides of the market.