3pm update - clawing higher into the close

Most equity indexes are holding minor gains, and look set to claw slowly higher into the close. Metals remain broadly weak, Gold -$7, with Silver -0.5%. Oil has managed to hold sig' gains of 2%, but will be vulnerable as the next inventory reports are due.


sp'60min

Summary

A baby bull flag on the 5/15min cycles.. and overall, it has been a day where the bears saw a bonus opportunity to exit in early morning... ahead of broader strength.

There remain a truck load of earnings due across this week, so there will at least be some dynamic individual stock price action, even if the main market is relatively subdued.

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notable weakness, INTC, -1.2%... ahead of earnings.

 A break <$29 would be a major fail... and open up $25. Conversely.. a move into the $32s would open up $35.

.. certainly, its one to watch in AH.
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back at the close.