sp'daily5
vix'daily3
Summary
VIX still looks like it'll be trading in the 12s..if not the 11s next week.
Target remains sp'1550/60s..which is easily viable. The big issue is whether we'll just keep on melting up into April..before having our first chance of a 10% down wave.
There ARE many bearish issues out there, but as I keep noting..the relentless daily dose of POMO remains a real problem for those seeking multi-week downside.
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I am back on the Silver train...and will also hold long Oil too.
SLV,daily2
I have to think, the low 29s are very reasonable target.
back at 3pm