From a pure cyclical perspective, we're set to cool into today's close.. and across much of tomorrow.
However, broadly, it remains a case of higher highs.. and higher lows. Until that series is broken.. bears can't get remotely hopeful.
Right now.. the best the bears can push for is a weekly close in the 2060s. It'd make for a net weekly decline of almost 1%.. but still... the bulls could justifiably STILL call the week their own, as they achieved another set of multi-month highs.
The more I look at recent price action, the more I see the recent low of sp'2033 as very important to give ANY bearish clarity.
Here in London city...
Despite the market, at least I have some decent sunshine today.
time to cook