08.50 am Amsterdam
Yesterday I mentioned that the bulls are really strong but they wont be able to break 870s.
Although the high of yesterday was around 879 for the S&P future, it closed within the resistance 870-875. You can see this from the daily chart above.
The market is still strong, volumes are nice, trend is up. There will be quite a few figures today.
Remember the resistance is still not broken on close basis, but the advantage is this time on the bull side.The breaking of these levels will likely to result in a swift up move.
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