sp'daily5
Summary
*equity bears need to keep in mind, $3bn of QE across today/tomorrow...that will likely hold off any minor down wave for another day or two.
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Note the upper bollinger on the daily cycle is now strongly turning upward..offering 2010 by the end of today. Tomorrow, 2010/15 will be very viable.
The bigger weekly cycles are naturally also offering ever higher upside... sp'2022.
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Notable strength: with precious metals on the rise, the miners, GDX +1.4%..reversing much of the Monday decline.