US equities are naturally cooling from the earlier high of sp'2117. A weekly close >2108 looks probable.. which would make for a minor net weekly gain. Metals are moderately higher, Gold +$6.. but looking vulnerable next week. Oil is holding sig' gains of 1.1%.
*price action in the metals remains broadly weak, with a black-fail candle on the daily cycle. I am short GLD, and have little concern about holding across the weekend.
Well, just two hours left of the trading week.
Typically.. the weakness will continue into the usual turn/floor time of 2.30pm.. with a little strength into the close.. as equity bears close out for the weekend.
notable strength: AAPL +1.7% in the $127s... the 130s look due next week
2.28pm.. Market set to level out around sp'2112/10 zone.... with a little renewed strength into the close.
VIX looks set to close in the 12s... reflecting a market that has ZERO concern about a GREXIT in the immediate term.