It has been another long week.
Suffice to say, I will be increasingly referencing the above two charts across the next few months.
A break under the giant sp' 2K threshold looks due in the late summer. For now... it is mostly a case of sitting on the sidelines, and await a better setup.
Eyes on the VIX weekly cycle... in early August!
Goodnight from London
*the weekend update will be on the US weekly indexes