sp'60min
Summary
A pretty dull day, but then that is to be expected in this new phase of algo-bot melt.
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What is bemusing to me each day is seeing some of those I follow shorting into the current rally.
The issue I have is that the bears FAILED just last week, and we've seen a move from sp'1580 to 1630s, and they believe 'thats it'. Err, no, that makes no sense to me
The Transports weekly chart remains the big one, and I'm going to highlight it day in...day out, until it breaks below the up trend.
Anyone think we can't get a weekly close in the sp'1640s ?
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bits and pieces across the evening