sp'weekly7
Summary
*with further declines, the weekly candle has turned from blue to an outright bearish red. There is arguably a trend break.. which would be suggestive of downside to the 2010/00 zone.
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Looking ahead
Thursday will see the usual weekly jobs, intl' trade, and factory orders.
It is notable that since Friday is closed, we'll have some end-week issues... with a viable case of 'rats selling into the long weekend'.
*Yellen is due to speak, but I don't believe that will be of any importance.
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Bernie Lo, CNBC Asia... with... |
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