US equities are once again coming rather close to breaking rising support (sp'1960). A daily close in the sp'1950s would bode of a key top at 2020... but for now.. that is a very big uncertainty. VIX +6% in the 22s... still below the opening high of 23.80.
Little to add.
It simply remains a case of whether we break that trend... or not.
Best guess.. it holds... but it is a very marginal situation.
*I remain content on the sidelines...
back at 2pm