2pm update - back to green

Once again we're seeing the usual latter day recovery/ramp. The sp'1560s are possible even by the close of today, which would doubtless annoy a great many doomer bears. USD is cooling down a little...which is helping both Oil and the metals jump back upward.


sp'60min

Summary

Hourly charts indeed threatening major upside, all the way into the weekend.

Two big POMOs due, and its opex, in my experience, this is a field of landmines for the bears.
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*I am currently long via SLV and USO. I managed to catch both near the lows earlier today, I might exit at the close of today.

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back at 3pm