10am update - opening weakness

US indexes have slipped moderately lower, but the declines don't appear to have any real chance of building across the day. The primary trend remains to the upside, and will likely continue into the next FOMC. Metals are looking weak, Gold only +$1


sp'60min

Summary

*stockcharts only part working, the hourly charts have just appeared..but yesterdays data is missing.
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So..we're lower, but I just don't see any reason why we'll go much lower than 1940 today..or even for the rest of the week.

Yes, the daily MACD cycles are rolling over, but then..upside pressure is still very strong.
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Notable movers...

AMZN +2%
UAL -2%
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