sp'15min
sp'daily5
Summary
It is indeed laughable that a micro decline of 0.1%, and there will be bears who are now looking for major downside.
Err..no. The weekly charts are powerfully pushing higher..and we still look set for broad upside into early August.
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Yes, the daily SP' chart is looking like a viable double top, but the R2K, Nasdaq, are already above the 1687 equivalent levels.
Nothing has changed.... I'm holding to original outlook.
10.08am...and the indexes flip back to green...
Its simply a case of powerless bears...and algo-bot melt.
10.35am..Oil is interesting, now moderately red, after earlier gains of 0.5%