sp'60min
Summary
*closing hour, minor chop.
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A day of moderate swings... importantly holding above last Friday's low.
Market looks set to push into the 1980/90s tomorrow.. with sp'2000s by Wed' lunch time. The 50dma in the 2030s remains an obvious target.
If Oil can rally to 49/50.. and China 3300/400s... we will see sp'2030s.
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*I'm content on the sidelines, but have 5 short-market targets ready to initiate...
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more later... on the VIX