Bulls defended support off of a weak open leading into gap fill. Limited downside following the gap fill as prices coiled and contracted leading to expansion midday. We may attempt to fill Monday's gap before OPEX.
Crude has formed a solid base if the dollar rolls over here.
The SPY is a perfect example of coiling - NRIBs (NR7) leading to expansion. Burn the chart to memory on multiple timeframes.TGT formed a C&H but didn't deliver the full measured move. Daily chart looks good if we can consolidate the earnings gap and try again.
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