sp'60min
sp'daily5
Summary
We're set to break back above the important hourly 10MA at the open, and that does offer an initial confirmation that sp'1992 was a key spike floor.
First key target for the bull maniacs though will be to re-take the 50dma, but that is a fair way higher around 2040... clearly.... some days away.
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Update from a resolutely bullish Mr C.
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ADP jobs: 241k, slightly above expectations, and that is helping Mr Market look ahead to the big Friday monthly jobs data.
Have a good Wednesday.