2pm update - small bull flag

The main indexes are holding most of the gains, with a pretty clear small bull flag on the 15min cycle. The sp' looks set for a daily close in the 1790s..which opens up the 1800s by the time of the FOMC announcement on Wed' at 2pm. Metals and Oil similarly both higher.


sp'15min

Summary

Even without any annotations, the bull flag is clear enough.

MACD cycle is already looking floored, and we're approaching the typical turn time of 2.30pm.

Lets see if the bull maniacs can manage a daily close in the 1790s..not that it is 'vital'.
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FB is offering a double top at $54

..but it'll probably break through, given a few days.