Without Indicators and Charts, you are in the clouds and flying by the seat of your pants.
DX (US Dollar Index) dominates market action. The Trend is Down which is Bullish for the Market.
VIX (Volatility Index) continues to trend down. This is Bullish for the Market.
SPY 20 Day, 1 hour - Trend has been Bullish for over a week. Sideways action this past week. Could be poised for another push to the upside.
Potato Action - SPY - 10 Day, 30 min. - Notice the Crossover at the green oval. This created a new bull potato. The market is also above the 200 Day Moving Average. This is bullish.
All prognostications must be balanced with the understanding that this analysis could be completely wrong. The market is the market. Anything is possible. At best we are reading tea leaves.
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