new highs as expected have materialised.
i expect move to 1250 in time to come.
further the market has not shown a topping action , so its unlikely that it will breakdown significantly soon.euro is about 1.38 and spx is at a new recent high which implies either spx is lagging euro if euro has broken down or spx is leading and euro has bottomed and will slowly head higher till it spikes up.
i am obviously favoring spx as leading for time being.
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