| Weekly Trend: | Neutral | |
| Daily Trend: | Neutral | |
| Daily Momentum: | ___ | Up |
A solid upside day today tagging our wanted ‘bounce’ target very nicely. We’ve now complete a very symmetrical A-B-C pattern off the May 21 lows and by right we should be looking for a reversal from here. Of note is that the market has now stretched itself but as of writing the Dow Jones futures are showing a +185pt gain for tonights session and metals in London are trading very strongly. All of this comes from the weekends rhetoric out of China about relieving some of the pressure on currency peg and the fact that their economy retains strength. An interesting point of time for sure.
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