sp'60min
Summary
So..........that was one hell of a way to end the week. It sure has been a fair few months since we closed a Friday with that kind of intra-hour price swing.
Overall though, what matters is the bigger picture..and this is STILL looking bullish into mid/late March.
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*As I have been noting for months..I expect the next multi-month down wave to be due to geo-political issues, NOT recessionary concerns.
I hold to the original weekly'8 outlook..and am really looking forward to seeing if the price action is primed for a key turn around the next FOMC of March'19.
Have a good weekend everyone!
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the usual bits and pieces to wrap up the week..and the month, across the evening.
*the weekend post will probably be on the world monthly indexes
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4.02pm... VIX turns RED in AH..in the 13.90s.
4.18pm.. VIX closes -0.3% @ 14.00