11am update - upward pressure

US equities see some opening chop, but the underlying upward pressure is there for anyone to see. A daily record close in the sp' 1885/90 zone seems very viable. Metals are holding moderate gains, Gold +$7, whilst Oil is again somewhat weak, -0.3%. VIX is again melting lower into the 13s.


sp'daily5

Summary

Not much to add. Hourly charts suggest a positive daily close, the only issue is whether its a fractional gain..or a push to a new high >1883. Considering the trend...probably the latter.
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PLUG is higher, but the current daily candle is warning of a top..

It will be highly entertaining to see the herd attempt to exit at the same time (earnings are due Thursday).