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Building Up Momentum #SPX

randholm
July 15, 2014 10:00 am / Published in Market Update, Oil, SPX

Building Up Momentum #SPX

 

Cash is entering the market and we might see another push to the upside today.

 

 

 

It will be gradual but there is a tendency to approach again the Highs to give the bears another chance to be wrong.

 

 

 

Overnight high signals traders in Europe are advancing faster than Large Institutions in the US or simple large stops losses on quant models at the open.

 

 

 

The big development of the morning is that oil  has broken down under $100

 

 

 

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