10am update - the morning after

The market opens a touch lower, but really, it is nothing of any significance, and with huge QE-pomo across today, the market will likely close somewhat higher. Metals are set to take out the June lows, with Gold -$18, and Silver -3.0%. Despite the equity declines, VIX opens red.


sp'60min

vix'60min

Summary

*most notable so far..the lower open..but the VIX still opens red. That sure doesn't bode well for the bears.
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Anyway..yesterday was decisive enough of a new turn... today is day'2 of a new wave...and we'll surely broadly climb for another 3-5 weeks.
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Notable weakness: F, RIG, TSLA
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10.25am.. market is just churning out a bull flag on the 15/60min cycles.

Anyone shorting this is a maniac. Metals sure are weak, the broader trends all remain on track.