With a small drop at close, not red, but a dip, there could be a move of about potentially 1% by the end of the day. This is a short term bullish pattern, I am still long-term (month to two months) bearish but a small move upwards would make sense for a market that seemingly only wants to go up on a slight positive move (pending home sales, rise 8.1%). We will see but it would not shock me to a 1% move upwards by the end of the day.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.