sp'60min
sp'daily5
Summary
With two hours to go, lets see how we close. There sure doesn't feel like there is any downside momentum right now, but across the previous 7 trading days, we've seen 5 such rallies fail.
Until we get a daily close >1445/50, it remains a bear flag on the daily chart..and those weekly/monthly cycle charts all suggest underlying weakness.
As ever....good short-stops will be useful for anyone still on the bearish side of the fence.
back at 3pm