US equity indexes are holding moderate gains, as the post-FOMC down wave from sp'2076 was indeed complete at 2005. USD is starting to cool, -0.2% in the DXY 98.40s, and that is no doubt helping commodities. Gold +$12, with Oil battling to claw from early lows, -0.4%.
sp'60min
Summary
Little to say. We're clearly seeing some selling in the low sp'2020s.
Considering the hourly MACD cycle though.. at the current rate we'll see a bullish cross in 3-4 trading hours... so we'll either churn out a bull flag by the close... or just push higher again later in the day.
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notable strength... miners
TCK, daily
A powerful gain of around 8%.. but 8% of a small number still keeps the stock in the $3s... having started the year in the $13s. A horrible year for miners/energy sector... yet there is still little sign of industry capitulation.