sp'60min
Summary
*ECB press conf. with Draghi due around 8.45am.... that will last around an hour, and will definitely impact early trading.
We already have an ECB announcement that rates will be left unchanged... no surprise there.
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So.... early gains, but market looks highly vulnerable to an opening reversal. Be on the watch for black-fail candles in the opening 30minutes.
Primary downside target remains sp'2065, along with VIX 17s.
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Update from Oscar
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Good wishes for Thursday trading.