sp'60min
Summary
Price structure on the smaller hourly chart is a baby bull flag, and bodes for the sp'2100s today... before next chance of a reversal into tomorrow/early Wed.
Regardless of any weakness... a net weekly gain looks highly probable... indeed, a monthly close in the 2100s is likely... making a second close above the monthly 10MA
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Update from Oscar
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Doomer chat, Hunter with Fitts.
As ever... make of that.... what you will.
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Overnight Asia action
Japan: CLOSED
China, -0.6% @ 3610. Broadly though, China is holding together very well. With each day above the 3400 threshold... the chances of new lows look extremely unlikely.
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Have a good week...