12pm update - moon ramp

The market is comfortably higher, and there is likely to be considerable follow through for some days, if not a few weeks. Whether we get stuck around sp'1550/60, we'll soon find out. Bears need to step aside, and not fight this latest up cycle.


sp'daily5

vix'daily3

Summary

As I feared, once the 1530 high was taken out, the bulls are coming in..and chasing this nonsense upward.

The big monthly charts are absolutely clear, there is open air to sp'1550/60.

Its going to very difficult though to break into the 1600s.
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VIX update



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