sp'weekly7
Summary
*the second consecutive blue candle... and I'm guessing we'll floor somewhere in the low sp'2060s by midweek.
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Frankly... a pretty tiresome day. A bounce is all that today was.. much like last Wed/Thursday.
Tuesday may well open a little higher.. but we'll surely close red.. the only issue is whether it'll take until Wed' to hit the target zone of sp'2065/60 - where there are multiple aspects of support.
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Looking ahead
The only data of note is Wholesale trade, but.. most don't give much significance to that these days.
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Chatter from Gordon T Long with Charles Hugh Smith
For those with an interest in the bigger economic picture - along with related societal implications, its pretty informative.
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Goodnight from London