Off high on selling in the PM session as regional turned mixed. Financials and metal stock pushed mkt higher Monday. Europe strong start, +1% but small gains in late afternoon. Fbm.fkli established their positive tone in AM and successfully defending it in the afternoon.
The mkt is trending higher but in search for a newer trend/momentum, meaning above 50. If not 30-50 range, consolidating to accumulate bullets till next move. Keep this view if mkt stays above 30, bullish.
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