Gotta love ZERO RISK in the SP500 = $$$

SPX chart is showing an inverse h&s on the 4h chart
DJI is showing a descending downtrend

this could go either way

felt like a jam to 2100 cash was in the cards and the other indicies were just tagging along...I mainly just focus on the Russell / IWM and it's lagging...
 
It never ceases to amaze me however that SPY/ES can rally 35 handles in a short period of time and a "pullback" of 5 pts is noteworthy...it's the perfect conditioning to convert former bears into frothing at the mouth bulls (see RM)...
 
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