1pm update - holding onto minor gains

The market is fighting hard to hold onto minor gains, with the Dow +40pts at 15920. There is zero reason to believe the equity bulls won't end the week on a high..quite possibly with a little spike into the close. Metals and Oil are seeing moderate chop into the weekend.


Dow, daily

Summary

*seen on the bigger monthly charts, the Dow offers a very clear multi-month bull flag, and has arguably been confirmed in the last few days.
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Not much to add, although there is some interesting action in the coal miners today, BTU, ANR.all good gains, but then..they are still vastly below the highs of a year or two back.

ANR, daily

stay tuned!