2pm update - bears need...just a little more patience

The daily cycle is certainly not even levelling out yet, but there are a few signs we're at the exhausted stage. As noted last night though, it remains a very serious problem with the sp' monthly cycle currently outright bullish.


sp'60min, rainbow

sp,daily5

Summary

VIX remains weak, -2.5%. A market of no fear..remarkable, but then...70-90% of it is comprised of those emotionless algo-bots.

It remains clear, until we see a break into the 1340s - putting in a lower low, the primary trend will remain UP.

More in the next hour ;)

A little music for this sleepy 2pm hour...