US markets continue to look bullish
(significant momentum hasn't even kicked in yet - nasdaq getting very close)
Nasdaq will be the first to break out
Sp500 bounced off bullish trendline
Dow even though it had a sell day didn't quite reach my bear top, but did bounce off 34180 (I call that a successful backtest by the bulls)
A succesful backtest for the nasdaq & sp500 should bounce off 14100 & 4230 (if they backtest tonight)
XJO looking for bounce off 7270 for bulls
Bears need 7265 to make contact
If we track the FTSE rather than the US we sit near their 7070 which puts us at 7270
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