Consolidating nicely atm imo. Looks like a nice reversal is playing out and the slow stochastic is certainly suggesting upwards momentum is more than likely.
Unless the DOW falls off a cliff tonight I feel the sp will gap up on the open tomorrow to $1.60. It's struggling to get through the resistance and gap at $1.55 which it still hasn't filled.
ALL IMO
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- bounced of support looking good