Haha, is that the sort of candle you guys were wanting?
Quite bullish as it closed the day on it's high therefore subject to how global markets go tonight I'd be expecting another solid day tomorrow. So the SP has jumped above both the 8ema and bollie median. Short term target is now the upper bollie.
These are the time frames to keep an eye on intraday to follow momentum. It's a simple 8/20 ema combination so easy to follow.Don't really think it was oversold, it hadn't redlined.
Cheers
Charts, page-4837
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