Although we've taken out yesterday's highs inwards the ES contract (top nautical chart above) too are consolidating almost the 10/29 resistance, depository fiscal establishment annotation that many sectors are lagging too having problem breaking yesterday's highs. These include fiscal stocks (bottom chart), every bit good every bit unloose energy shares, materials stocks, too consumer staples issues. I depository fiscal establishment annotation every bit good that gold, oil, the euro, too the Aussie dollar get got all stayed below their Midweek highs. I'd similar to encounter greater participation from sectors too intermarket themes inwards gild to decisively accept out that 10/29 resistance inwards ES.
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