1pm update - renewed upside

US equities are seeing renewed upside power, with the sp' +17pts @ 1931. VIX is confirming the calmer market, -9% in the 28.50s, the 22/19 zone looks a given if sp'2010/2050 zone by FOMC week. Frankly.. considering a 3 day weekend is ahead.. the setup really does favour the bulls.


sp'60min

Summary

Little to add.

Yesterday sure does look like a particularly powerful retrace of the 126pt initial ramp.

By default, I'd see the 1993 high being taken out... and somewhat higher from there.

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AAPL, 60min

I continue to hold... seeking the 113/115s... before the weekend.
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*Fed beige book at 2pm...