The market pops up on the French election news, and holds steady for the day, well above the Buy Signal level.
Volatility as measured by the VIX is crushed.
The small T centred on the most recent low projected its first arm for yesterday, as does the possible amalgamation T structure (red), and so some kind of pause or pullback here would make sense – perhaps a quick spike down into the 60s.
The market found support at 2369 yesterday and so below this we may see some selling in the next few days.
Be prepared for whatever comes next:
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