sp'60min
Summary
Just another day in market land, where we opened a little lower, but as ever..the bears are pretty much powerless, and the market saw minor chop for the entire day.
The hourly charts are sporting a very clear bull flag, a break >1812 will confirm it.
Underlying MACD (blue bar histogram) cycle is close to flooring, and will likely tick higher across Wed/Thursday.
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The most notable aspect of today were the momo stocks, all of which saw very impressive gains.
more later..on the VIX