1hr SPX looks bullish, higher highs, higher lows, positive OBV
The bulls appear to be winning over the bears short term. As the short term bulls return, so will the mid term bulls. Not a good time to be short until bulls show weakness. The CPI/inflation headwinds don't appear to be strong. Do not be surprised to see bullish consolidation and a tighter trading range happening with lower resulting VIX
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