Here we are again, still trying to regain previous short term support, but clearly above 1371. I maintain a neutral bias above 1371 and under the area pointed out on daily chart...
Price is right at my 2nd bang bang area (previous update), so this is, at least for me, a tradable spot. Yes, I defended a 3rd area above, where S&P500 can draw a second shoulder, but for now, I am not in the mood to hold shorts till there...
Sentiment is improving, but can afford another high... Easily...
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