sp'60min
Summary
Little to add.... as we're set for another hour of churn.. before the algo-bots get to digest a press release from Print central.
Renewed weakness into the close looks probable (keeping in mind the bigger daily/weekly cycles) although breaking the earlier spike low from 2039.99 will not be easier. Far more viable tomorrow.
Best guess.. increasing renewed weakness in the closing 90mins of the day.
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On CNBC, O'leary.. who is on the 'rate hike is back in play' train.
If sp'1970/60s.. I'd imagine he'll drop that outlook... much like the others will.
re: 'consumer data'... maybe he should go talk to the staff at TGT or WMT?
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notably stuck.... BA, daily
A very fair representative for the broader market.. utterly stuck... with higher probability of sig' cooling, than a bullish breakout.
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