A daily & 5 min chart showing today's movements on the index:
Daily:
5 min (IG):
While Europe has opened positively, US futures are up only slightly, so we could easily see some retracement of the last few days' gains, and for the XJO that means a possible 2-candle reversal tomorrow. If we get positive follow-through tomorrow I'll feel a lot more bullish than I have been in the last few weeks, but its still early days...
Cheers, Sharks
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