sp'60min
Summary
As the hourly cycle was warning about last Friday afternoon, we're set to open the week on the downside.
Broadly though, the market should see gains across much of this week... certainly to the 1940s. Considering how crazy this market often is, the 1970s look viable, but perhaps that will take a few weeks.
In any case, mid term outlook is clear.
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Update from Oscar
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Doomer chat, Hunter with Pento
As ever, make of that, what you will.
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Overnight action..
Japan: choppy, +0.9% in the 17100s
China: choppy, +0.7% @ 2938, a long way from broken support of the 3400s.
Germany: very minor chop, currently +2pts @ 9767
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Have a good week