2pm update - holding the gains

Equities are powering higher, and the Monday low of sp'1815 is now looking a fair way down. Most notable remains the VIX, -9% in the low 12s/upper 11s. Metals are stuck below old broken support, Gold -$10. Oil is following equities, +0.7%.


sp'60min

sp'daily5

Summary

*with the VIX in the low 12.10/11.90s zone, this market is indeed...fearless.
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With each hour we hold above 1830/35, the chance of breaking the Monday low looks ever more distant.

Considering the HEAVY QE due tomorrow morning (and Friday), I think it is arguably safe to call 1815 a floor, and now it is just a matter of when we break new highs.
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Notable strength: TSLA, +11.2% @ 154,  UAL +3.4%


2.45pm.. bulls really holding onto the gains very well. Next to no downside power...as reflected in the VIX

TSLA +12%..and that probably sums up just how bullish can flip..in the space of 7 trading hours..