Afternoon Update

Surprising day in many ways, mostly the outperformers within the tech and financial sectors. CTAs and other systematics are still re-lveraging. Citigroup (C  +1.1%), Wells Fargo (WFC +1.3%), and JPMorgan Chase (JPM +1.1%) all trade to session highs ahead of their earnings releases tomorrow morning. The U.S. Dollar Index price action since Sunday night’s open, is pretty much…

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