sp'daily5
VIX'daily3
Summary
*opening reversal candle in the VIX.... just like yesterday. However, I'm somewhat dismissive of it.
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Thank the gods.. its almost the weekend... I need to rest!
The sp'2044 is now 1.4% lower, and increasingly secure.. the longer it is held.
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notable strength: AAPL, +1.6%.. and coming earnings should be fine, right?
weakness: TLT -1.5%.. very natural.. as equities make another attempt to rally
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10.01am. wholesale trade.. +0.8%... vs 0.3% expected. Hmm... inventories up.... sales still lacking....
10.06am.. something to look for at the close... VIX rising trend will be around 17.75. Any close under there.. should confirm equity strength into August.