1pm update - underlying upward pressure

The main indexes are likely going to see minor chop for the rest of the day, with underlying pressure to the upside. With Sept' jobs data tomorrow, if Mr Market likes it, the sp'1760s are very viable on a hysteria spike. APPL and NFLX continue to power higher.


sp'60min

Summary

A slow start to the week, and indeed, these are prime conditions for the bulls to put in a marginally higher close. There is simply NO hope for the bears under these trading conditions, which could easily last months.

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The action in the momo stocks of AAPL and NFLX is particularly telling, and should really concern those who believe the wall will be hit around sp'1750/60.

WHY would it stop there?