It was another moderately mixed day in equity land, with the sp' settling moderately lower for a second consecutive day. There was notable weakness in the Nasdaq comp', which has now cooled almost 3% from the recent historic high of 5403.
VIX managed a second consecutive daily gain, already coming close to the 15s.
Note the equity and VIX MACD cycles... they are respectively set for a bearish and bullish cross at the Friday open.
At best.. a test of the 50dma in the sp'2160s.. with VIX 16/17s.
Meanwhile... in crazy commodity land...
It was a second consecutive day of powerful gains for WTIC oil, settling +$1.62 (3.3%)