sp'60min
Summary
*special note on the hourly count...
The hourly count is something I am now VERY uncertain of. The current sideways chop is something I'm really not sure what to make of. I've not highlighted, but Transports is still significant below the recent high of March'15, and could even be a sloped H/S formation.
What I can say though, is that the daily charts are warning of 2-3 days of upside, which gets us into next week. Bears also need to keep in mind there is a rather large POMO to conclude the week..and month.
If the indexes can get stuck next Tue/Wed, whether its sp'1565, 70 or 75...it'll be prime time to start launching some index shorts.
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the usual bits and pieces across the evening.