US equities opened in minor chop mode, and saw some moderate weakness to sp'2430 - fully filling the opening gap from Monday morning. There was an attempt to bounce in the afternoon, but it was pretty weak. A break <2430 will offer 2415/00 before the weekend. This was something that should have happened last week, but quad-opex was something of a hindrance.
Market volatility popped to 11.40 - with sp'2430, but settling in the 10s. Its something of an irony to note we've not traded VIX 9s in 9 trading days.
|Midsummer's day concludes|
|So many planes... bullish UAL?|
Extra charts in AH @ https://twitter.com/permabear_uk
Goodnight from London