10am update - minor down cycle due

Good morning, and welcome to another week, we're already now into the second half of September.

Without question we are due a multi-day down cycle, a move to 1430/20 seems likely, but that will almost certainly..be it. So, all those bears looking for autumnal doom, err, no...they are going to be disappointed.


sp'60min

sp'daily5

Summary

A little weakness, but we could still close flat or even a little higher today.

Regardless, I do expect at leat 1430 to be hit, probably by late Wednesday or Thursday.

I remain short, and will look to exit around the 1430/20 area.

back at 12pm