The open was quite high, however the session finished with a loss. Thus, we should wait for confirmed breakout of 39300, before we signal buy.
Oscillators' trends are quite confusing now.
Interesting article on hedge fund positions with embedded Bank of America Merrill Lynch's report (here).
Sources:
[http://seekingalpha.com/article/166251-what-hedge-funds-are-buying-and-selling-now]
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