sp'60min
Summary
*nice to see a closing hour go as expected. Market found good support on the hourly 10MA.
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So...we have a clear break of the declining trend/resistance, and the close in the mid sp'1690s is arguably more than enough to clarify a trend change.
When you consider the Trans/R2K - which are the leaders, with both indicating continued underlying strength.
*I remain in an underwater long position (from a week ago in the sp'1710s), but considering the bigger weekly trends..it should turn out okay.
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more later..on the VIX