S&P continues to make upside progress with futures closing higher at 2882 - yesterday's close was 2879. Short term cycles will start turning down tomorrow.
US Dollar Index futures closed higher at 96.92. Daily cycle still has some room to support uptrend. However it needs to hold 96.79, clear the overhead resistance at 97.0, and continue marching ahead to avoid downside risk from the sell signal triggered yesterday.
Jobless claims came lower at 210K. Fed balance sheet reduced by $20B. Tomorrow, we get the market influencing employment report at 8:30 am and consumer credit update at 3:00 pm.