10am update - opening reversal

Equities open a touch lower, but we're seeing a rather clear reversal to the upside. First target remains the 50dma of sp'1955.. that is certainly viable today. Metals are moderately higher, Gold +$5, whilst Oil is -0.5%


sp'60min

Summary

So.. an opening reversal.. and the bull flag remains intact.

A break >1944 will confirm the 1950s are due in the immediate term.


10.20am.. chop chop... no downside pressure...   we'll surely resume higher..just a matter of when.

..yours... not in a particularly patient mood.