Amazing, how easily passed from 1045 and almost to the level from where the sell signal was in January. As if the sellers had evaporated. You rarely see this on SPX, when the short-term downtrend channel immediately turned into the same high-speed upward.
Now 3 week of march( expiratory) appears to be critical in terms of the next impulse.
If we don't reach the new high, it will be slightly negative, and if we make a new high, then after the rollback let's go higher.
True worth noting, that this movement is far from fundamental, and again dictated by excess liquidity.
I go a little into intraday SHORT for oil and ES with tight stops and restarts. Thank you sugar for the cover for the minus in ES
Russia also revived. Gazprom and Sber continue their march to the north
