Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
The pattern mentioned in the previous post did eventually play out but not off the morning dip; after all the currency hubbub and a selloff below 1600, the reversal of THAT dip is the one that actually played out. The market never ceases to make it difficult. With 30 minutes to go any decent close near highs would be a potential reversal for the short term at least. Let’s see if bulls can hold on after a 3 week vacation.
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