- Investors on "Fed Watch", expecting an announcement this week.
- 10:00 AM today, New Home Sales numbers and Richmond Manufacturing Index released.
Technicals: Charts showing strong bullishness BUT are currently rolling over to the downside. This rollover is either a reversal or a natural pullback, it's tough to say until you actually start getting some signals.
Due to this, I am assuming a 5 min wedge / consolidation range and waiting for a BOT signal.
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