It seems like we are back in coin-tossing mode as S&P futures are trading in a very narrow range this morning at exactly the post-NFP volume-weighted average price level. Perhaps the current sell-off in European banks will bias that coin a little to the downside...
Distrubution of prices for ES (S&P 500 e-mini futures) post-NFP showing VWAP and current price...
As European banks resume their drop after tagging yesterday's highs...
Charts: Bloomberg


