I believe we are close to a very short term top on the hourly chart. However ....
The daily chart is showing us something different. Money flow has cycled to the bottom (blue line with price). This tells me that we may see some money move into the market over the next few days. This should hold prices firm or increase the price of equities. Today we did have an up volume day for the NYSE with 82% of the volume traded. Also, there was a net positive cash inflow into the broader market.
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