sp'60min
Summary
By the the close of today, rising support will be 1990, so.. the bulls need a close above that.
Another push to the 200dma looks likely... and that will be around 2022 across this week.
Regardless of today though, what next matters is whether the ECB/Draghi can placate the market enough this Thursday.
Clearly, having ramped from sp'1810 to 2009, the market will be looking for an excuse for at least a minor retrace.
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early movers...
CNX +10%, unsustainable recent gains
SDRL -9%, the wild action continues
GDX +2.2%... as the metals simply still won't retrace
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Overnight action
Japan: -0.6% @ 16911
China: latter day recovery, +0.8% @ 2897
Germany: currently -0.9% @ 9738
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