10am update - morning weakness.. again

Equities open a touch weak, with a fractional break of yesterdays lows. Price action still favours the bulls, and market will likely see minor chop across the rest of today, but with a net daily gain for some  indexes. Oil is strongly higher, +1.6%, whilst Gold is +$5


sp'60min

Summary

*I'd like to highlight the Trans..which really needs to hold the current level..and push higher. R2K is looking a little ugly too on the daily chart..but nothing critical...yet.

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So...opening chop..and I hold to the original outlook...

Broad upside into the next FOMC of Jun'18.
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*WFM is already sporting moderate gains...although the 44s sure look a tough challenge by the Friday close. I am trying to be... patient.
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Market highly likely to reverse from here. ..bears getting a chance to exit at 1940.


10.20am... sp'1938.... this remains minor noise... I can't take it seriously.

Meanwhile...  WFM +1.2%... hmm...a good move so far..things only get interesting if 43s today.
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10.37am... Hmm..weakness...1937....but still....there is no real power behind it.