Monday's session in NY was the first time bullish sentiment didn't rise since its recent low. It didn't fall either mind you. Still a long way from the dizzy heights of February which suggests to me that there'll be plenty of supply around here. I don't know the significance of it butting up against the 50MA. A feature on the S&P cash that stands out for me atm is the opening gaps last Wednesday, Friday and yesterday and no follow through. I read that yesterday was also the lightest volume for the year.![]()
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toss up tuesday, page-27
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