HC seems very slow today. Must be all the bulls posting :-).
We got to the typical levels associated with either bear or bull before a pullback. Was today the bear capitulation?
I think SPI could even do 4673ish intraday (and weekly) at a max (not today as dynamics have 4602 as pushing it) and not be bullish.
If tomorrow or into 10 am Wed is still stronger then the bull is certainly back it would seem.
I thought Laundry's weekend work really suggested another up day of strength rather than just a fall.
I have a feeling it may turn out a McLaren victory and we churn into Aug 23 albeit higher than here but in the end pleasing only the day traders in the main.
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