11am update - here they come again

The main indexes are holding moderate gains, with the sp peaking at 1759. That could very easily be the peak of the week, certainly, we're scraping along the upper bol' on the weekly charts. Regardless of any minor down cycle, the primary trend remains powerfully to the upside.


sp'weekly8

Summary

No doubt we'll see a truckload of posters across today, and particularly after the close touting a 'this really is it this time' top calling.

It is ALL nonsense.
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Even more laughable..we could pull back to sp'1730/20s...and I can just imagine the bearish hysteria out there.

I don't see sub 1700s viable for rest of the year.
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NFLX, 5min....interesting trading action

The opening black candle warned of trouble. Looks like we have a spike floor, and things should stabilise from here.

Congrats to those shorting from the $390s, and who exited in the 370/350 zone this morning. Risky though, whilst the primary trend remains strongly bullish