US indexes open moderately higher, and we're on the edge of breaking new historic territory for the sp'500. Metals are continuing to climb, Gold +$8. VIX is -3%, and seemingly about to lose the 14s.
sp'60min
sp'weekly8
Summary
*note the lower weekly bol', now in the 1740s...and by end March, we'll have a key support floor of 1800.
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..standing by for 1850..and beyond.
Simply put, there just doesn't seem to be ANY downside power right now.
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9.54am.. NEW historic intraday high on the sp'500
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So..new highs..and chart weekly'8 is STILL on track. Another few green candles..and then the big turn.
patience....;)
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10.10am.. big swing in UGAZ, from +7% in pre-market to -8% right now. Hmm