3pm update - a second day of gains

Regardless of the exact daily close, today is day'2 of what will be a very significant up wave into early 2015. Any weekly close above 2042 would make for a clear net weekly gain of around 2%. Oil has fallen significantly, but is holding the recent low. Metals remain highly vulnerable, but for today, Gold +$5.


sp'60min

USO' 15min

Summary

*price action in the Oil is very dynamic, with a fractional higher low... arguably.. a double floor. A daily close back >21 would highly support such a notion.
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So.. a second day of hugely significant equity gains. As ever.. there are little down cycles along way, but... the underlying upside remains very powerful.
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back at the close