dow'60min
sp'60min
trans
Summary
The hourly cycles are generally just in a holding pattern.
What is clear, bears need a daily close under the recent 1494 intra-day low, to have any hope of the 1470/60s.
Without question, bears remain powerless....all else being equal..this market will just resume the melt higher..later in the week.
Tiresome eh?
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more later..on the VIX.