sp'60min
Summary
*5/15min cycles are offering minor upside into the close, and the 1990s are viable in the closing hour.
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Regardless of exactly where we close, the broader trend remains fully intact, and the sp'2000s look very viable next week.
Whether we close July in the 1990s..2000s.. or 2010s... should make no difference to anyone, not least those on the long side.
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Notable strength: DAL
Headed for the mid/upper 40s into late summer.
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updates into the close...especially if we do break into the 1990s.
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*earnings due at the close... AT & T (T) , QCOM, and .... FB
3.23pm.. sp'1988...market seems to want a daily close in the low 1990s.
Lets see how many bears will get twitchy..and make a run for it into the close!