-neutral in AM but strong in PM –encouraged by soyoil recovery, from earlier -1% to flat, as commodities take comfort from equity spillover effect.
-technical buying above 2450 creates a quick push towards 2475, 14-SMA, after taking out 7SMA resistance. But gains were short-lived, satisfy with gains near 2450.
-from lower ranges to upper ranges ….but same range for the past 3 days or so…not much game changing event. Both bulls and bears are fighting –even fight so far. Just who has better luck with externals help?
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