$FFR: Watching the 37.00 Level Closely

Been keeping an eye on $FFR today, and it's making a decent push. The bounce off that 36.37 intraday low was solid, but the real test is going to be around the 37.00 psychological level, which it's flirting with now. If it can hold above that, especially on a closing basis, it could indicate some short-term continuation. My concern is if it gets rejected here and dips back below 36.80; that would suggest a weaker underlying bid than it currently shows.

I'm not jumping in, but observing the next few sessions. A clean break and hold above 37.00 could open up some upside, but a failure to clear it and a drop back would make me wary of any follow-through. Just my read, always got to be ready for the market to do its own thing.