-like yesterday, regional +1% fail to cheer up fbm, profit take continues into 2nd day, also causing tech fresh sell signal for short term target. DJ futs +7, Europe +0.5%.
-late Dec’s rally comes to an end, technically. Looking for the next base b4 making the move towards 1600. Immediate concern is a pullback risk targeting 1550-80 range, especially if fbm under 1570
-uptrend is out, further pullback is expected but unlikely to go dwtrend mode. Sideways and still hopeful for a quick bounce when fbm find it groove back as external seen +ve tone for the rest of the mth.
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