The S&P formed a small negative day reversal but only a daily closing below 1260,20 tonight will confirm a s/t top favouring a return toward the 200 days line, support at 1245,21.
The indicators of the daily chart are still well positive while those of the s/t ones are also still showing a mixed picture suggesting further consolidation/ correction. However, in the hourly chart we have already potential positive reversals supporting higher levels.
We stay long with the stop still at 1248!!
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