Bulls show up on cue.
The market gapped up and was helped when Trump tweeted about a meeting with Xi at the upcoming G20 summit about 10 minutes after the open. Breadth was +69%. New highs picked up to 231. New lows dropped back to 27. This was the heaviest volume in a while.
The futures popped above the recent high and held on all day.
The green count turned back up and recrossed 50.
It appears SPX is resuming the up move after a brief consolidation. I don't know what happens tomorrow with the FED meeting, but unless the selling pressure really picks up SPX should be on its way to test the highs.
Bob
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