sp'weekly7
sp'60min
Summary
*an outright bullish green candle on the weekly 'rainbow' chart... next week will almost certainly see higher levels... the 2030/40s look rather easy
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The next few weeks will be semi-critical, although the bulls don't even have to break 2050/60 this month... a Nov' close of 2050 would be equally definitive.
Clearly, there will be no rate hike at the next FOMC in 8 trading days time... but how will the market react to that?
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meanwhile... not a bad autumnal evening in London city
58f... about as good as could be expected for an October's evening.
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back at 2pm