No moves after profit take sell in early morning. Very tight range. An intra-day sell but losses limited above 50 for a lack of new bears. Extenals were negative but markets absorbing well thanks to yesterday’s bullish tone,
The feeling is mkt momentum remains strong plus it will definitely have more fun at the higher end as downside seen limited within the ascending triangle…boring. All it needs is a +ve opening above 57.5, setting up a breakout chance above 60, and targeting 70 tomorrow. Perfect!
Fbm looks bullish tomorrow if above 54 after 2-day top
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