US equities are holding moderate gains, but another down wave is likely in the near term.. possibly beginning before the close of today. Primary downside remains 1940/35 zone.. from where the market should rally into July.
sp'60min
Summary
A lightly labelled chart, and I am guessing we'll see a C wave begin late today...or tomorrow...it really makes little difference.
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So...two hours to go...lets see if we roll over again.