US indexes are holding minor gains. Price structure is a baby bull flag, which offers a daily close in the mid sp'1930s. Metals are holding strong gains, Gold +$20, whilst Oil is -0.8%.
sp'15min
Summary
*need to hold the sp'1917s or so in the immediate term.
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A pretty clear micro bull flag.... we should see further upside into the close.
Eyes on the R2K...and the VIX for extra confirmation.
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2.19pm.. target zone will be 1940/45. A weekly close in the 1950s would be viable...and give everyone something to chat about across the weekend.
notable strength: DRYS +5%. TSLA +4.5%
2.30pm.. its turn time.... seeking 90mins of upside into the close..
Anyone still short...its arguably the last decent chance to exit.
As ever..stops solve the indecision!