sp'daily5
USO'daily2
Summary
*the daily sp'500 candle is particularly bullish, with a clear spike from the 50% fib' retrace of 2070.
Frankly.. it bodes especially bad for the equity bears.. as the 2100s are now within reach even before the Thanksgiving break.
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Regardless of whether we close net higher.. or a little lower... today has been another example of the underlying upward pressure in this market.
I would dare say.. if you don't get it by now... after all these years...
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notable strength
CREE +2.8%.. in the $27s
miners, GDX +3.5%.. as Gold +$6
oil/gas drillers, RIG +4.2%... as Oil looks set to climb into early December.
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back at 3pm