sp'60min
vix'60min
Summary
*The VIX looks especially weak, and still utterly unable to break..and hold the mid teens. How can anyone expect the 20s any time soon?
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There really isn't much to say about today's action, other than it just seems the usual 'tease to the bears' that we've seen so many times. Market drops 5, 10pts..only to recover...almost every time.
Considering the broader weekly charts, it would be surprising if we don't at least hit the minimum target of 1870 before the next FOMC announcement.
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Notable mover, NAT, +10% into the $12s. Fellow shipper DRYS, is struggling to hold fractional gains.
3.42pm... minor chop...holding the sp'1840s...frankly, bulls should be very pleased with that.
Notable strength in AAPL, FB, and TSLA.