-range trading, sideways within Fri’s range, probably no big moves ahead of holiday tomorrow
-Fri’s gains fail to translate to new a upside move today following weaker SO prices, -1%.
-bulls need to initiate a move higher on Wed as 7SMA support is catching up fast and to avoid 3950 toppish outlook. Failure to keep 7SMA as support could lure bears back into the mkt.
-Fri’s gains fail to translate to new a upside move today following weaker SO prices, -1%.
-bulls need to initiate a move higher on Wed as 7SMA support is catching up fast and to avoid 3950 toppish outlook. Failure to keep 7SMA as support could lure bears back into the mkt.
-below 3900 , immediate target is around 3820
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