1pm update - chop chop

US equities remain significantly higher. Price structure is still offering some form of bullish flag/pennant.. with a  break above last Wednesday's high of sp'1975 due this week. Broadly, the market looks headed into the 2000s... as many are increasingly seeing no rate hike until the Oct or Dec meetings.


sp'15min

Summary

Little to add.

However you might want to count or draw lines on this nonsense, we've put in a series of higher lows... a double floor of 1867.. 1903... and last Friday's 1911.

Who really wants to be shorting into that?

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DIS,15min

Its tempting.. but not from the $103s... and not at this time.

back at 2pm.