sp'60min
Summary
For the bears..could be a really annoying and frustrating closing hour. A daily close in the 1800s would really help to re-inspire some of the more weak minded bull maniacs..that the broader picture remains...bullish!
Fed beige book tomorrow, ..and wouldn't surprise me to see Gold/Silver higher by 1-2%.
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Notable strength in AAPL, now +$11 @ 562.
End year target remains 580/600
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3.18pm.. AAPL and TSLA building on gains...very impressive power in both stocks.
The broader market remains weak...and so far..bulls just aren't showing up. Hmm. Regardless, the hourly cycle is primed to snap higher in the very near term. Certainly, it is not a good situation to be holding short overnight.
3.29pm.. very marginal situation, bulls need to hold 1790 !
The smaller cycles still suggestive of upside...into the close.
3.33pm.. 1790 holds..and we're moving up !
3.41pm.. equity bulls should seek a close above the hourly 10MA... 1797.
AAPL..and TSLA holding their powerful gains...so impressive.
UAL -3.5%...and I've no idea why. Anyone know?
3.51pm..bears getting the hammer into the close...although I realise.. a fair of you short this morning..already bailed.. well done people!
back at the close.