sp'60min
Summary
There is little to add.
It is merely a case of whether the underlying upward pressure continues. Today's sig' QE-pomo of $2-3bn will no doubt help to a large extent.
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The R2K was particularly knocked lower in the opening hour,..-1.5%, but is similarly attempting to rebound..a daily close >1110 is...sought. Clearly though..the 1120s are no longer viable until tomorrow..at the earliest.
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