11am update - it remains sunny for the bull maniacs

After some moderate swings, US equities are a little higher. The only issue for today is whether we'll see a weekly close a little above... or a little below the sp'2K threshold. Considering the bigger weekly cycles, it will more likely be the latter.


sp'weekly1b

Summary

*note the MACD (blue bar histogram) cycle, set for a bullish cross at next Monday's open.
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Little to add.

With the jobs data out of the way, the bulls have an open window into late Wednesday... with Draghi/ECB on Thursday.

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Here in London city...

 

Very reasonable indeed :)
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*bonus chart*..

GLD, daily

Gold is again threatening a reversal... and it is sure due a retrace.
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time to cook