sp'60min
VIX'60min
Summary
*removed H/S scenario on the hourly equity chart, seems invalid with renewed gains.
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So, will the gains hold?
If the market can break above sp'2060, then... yes.. we'd almost certainly see a net daily gain.
It could be worse for the bears... but really. this is a pretty lousy start to the week.
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notable strength... miners, GDX, daily
A fifth day higher for GDX, and its clearly breaking out. In theory, that is an indirect bearish signal for equities.