sp'60min
Summary
A pretty quiet start to the week... things will certainly liven up by Wed' as the market will increasingly focus on the monthly jobs data. Also of importance will be the latest EIA report.
*I have eyes on the Euro and Oil, but both look set to remain weak across much of tomorrow. For the moment, I'm very content to watch.
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notable Dow stock... Disney (DIS)
An opening black-fail candle on the hourly chart.... forming what is a viable double top.
Earnings are due tomorrow at 8am.... earlier than originally planned.
I favour the stock, but the market being what it is... might do to DIS what it did to AAPL. Worse case downside for the Avengers are the $102s.... but the 106/05 zone should hold... unless broader market is also weak tomorrow.
In any case, broader trend is exceptionally strong... and we've not already forgotten about Star Wars 7, have we?