A rare intra-day update on all 3 major hourly cycles...
IWM (representing rus'2000 small cap)
Dow
Sp
Summary
We're approaching my re-short target zone of 1365/70.
I do NOT expect a new high >1374. I might be wrong, but 'worse case upside' is 1385/90, so I'd not be too annoyed if we jump a further 1.5% higher.
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For the moment, I am not on imminent standby to start hitting buttons. The daily cycle is NOT showing a turn yet.
It is getting a little exciting though, we're getting so close to what could be micro-wave'2 of big'3.