breakouts together with volatility next trading ranges, nosotros broke out of the two-day make alongside buying on the retail sales news. As nosotros tin sack run into from the nautical chart higher upwards (ES futures), nosotros are simply managing to remain higher upwards the Fri together with Mon highs later on the deed up. I note, however, that NQ futures convey moved dorsum into their make together with we're non seeing highs inwards aureate or oil. We too run into a flake of strengthening inwards the USD. That suggests that, for now, intermarket themes are non supporting the upside breakout. Should that continue, I'd expect for prove of early on weakness today for a reversal dorsum to the 104.79 pin expanse inwards SPY. (Profit targets are published via Twitter earlier the marketplace open; follow here).
I'll hold upwards next upwards alongside early on tweets together with weblog updates tracking marketplace forcefulness together with themes.
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