Despite +ve external, HS clsed +230, Europe/DJ futs +0.5% in late hours, fkli fails to create +ve tone closing like yesterday amid fbm 30-toppish outlook in the PM session. 3-day losing streak.
Mkt is keeping its sideways tone but remains –ve bias as prices under short term SMAs.
As long as the mkt stays away from 1320, bulls can have some breathing space and a better fighting chance. Bears will take control if mkt dips below 30 again.
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