US equities look set for a second consecutive day of gains, and the sp'1980 floor now looks a long way lower. VIX is confirming the equity gains, having slipped from the 22s to the 17s. Gold remains weak, -$12, whilst Oil holds powerful gains of 6.2%.
Regardless of the exact close... equity bulls have clawed well away from the danger zone of 1980/70s.
*it is notable that despite two days of gains, the giant monthly cycle for the sp'500 remains bearish.
Notable gains, TWTR +7%... breaking the $40 threshold
back at the close