TTP Morning Update: $PSX $IWM $BZQ

Futures are indicating that the markets will try to bounce after two day of selling. We are interested particularly in the Russell 2000 to see if it can remount its 50 day EMA. Our PSX position will likely open lower as the .70 dividend payment hits today. Brazil markets look like they may open higher, so BZQ is down a bit as well. We will see if any of these pre- market moves stick as trading evolves throughout the day. Have a great day and as always we will be back as needed.

CJ

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