sp'60min
Summary
So, we're set to open higher.
The market mood sure doesn't feel bearish this morning. Bears arguably have less of a chance to knock the market lower today, than they had yesterday.
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What am I planning?
Well, I don't much favour going long here, but hey, the R2K daily cycle looks stabilised now... and if the R2K is going to climb back into the 1200s, then sp' will be 2025/50 zone within a month or two.
I suppose at least I'm not short. In theory, I'd be somewhat content just to wait for the 2100s.
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No videos to highlight yet today... not even from the Permabull, Mr Carboni.
9.36am. New historic high... Transports
9.44am... Opening index candles... a little spiky.. morning reversal?
Notable weakness, NFLX, -5% on 'reasonable' earnings, hmm
Strength: CMG +11%.. on superb margins.