sp'60min
Summary
So, we're set to be trading in the 1960s at the open, and a slow grind to 1970 seems very viable today.
Notable strength: R2K, +0.7%. Upper bol' on the daily offers the low 1160s, which would make for a daily gain of 1.5%.... suggestive the broader market will claw to sp'1970, with Dow 16800s.
*as things are, I'm tired.. its been a long week, and I might get intentionally stopped out at the open.
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Update from Mr C.
Not surprisingly, Oscar is bullish, and expecting new yearly highs.
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Good wishes for Friday trading.
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9.00am Futures holding moderate gains, sp +6pts... 1962
I've a tight stop in place, will likely get the boot at the open....
From there...I'm done for the week.
9.35am.. EXITED sp' LONG.. from 1962.
..and my week is complete.
I will stick around here though.
9.37am.. VIX slips into the 11s..
Notable weakness in the metals, Gold -$17, with Silver -1.5%
..most notable aspect of the week - at least to me........
Weekly 'rainbow' candle turns GREEN.... indexes back to outright bullish.
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9.44am... smaller cycles are highly vulnerable to a down cycle... although underlying pressure remains UP - not least reflected in the weekly cycle