One of the quietest trading days in months..perhaps the year. There is no reason why the bots won't be able to melt this higher into the close. VIX is -2%, and struggling in the mid 13s. Oil is holding moderate gains of 0.4%, after early declines of 1.2%.
sp'15min
Summary
Very quiet day indeed...and these are simply prime conditions for algo-bot melt.
Unquestionably, anyone shorting the indexes into this nonsense...is plain crazy. There is NO sign of any turn..never mind the fact that consensus is for the mid sp'1700s anyway.
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Yours...on the sidelines, and contemplating the weeks ahead