US indexes are continuing to build gains, and equity bulls look set to attain an impressive daily close in the sp'1855/65 zone...way above the 50 day MA. VIX is getting crushed, -8% in the 14.20s. Metals are flat.
sp'60min
Summary
What to say, other than ...urghhh
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At least I'm not getting nailed on this up wave..which now looks set to continue across most of May.
I realise many out there will be outraged at the current gains, but as ever, the market is never wrong..only traders.
3.31pm... Mr Market aiming for a close in the sp'1860s
3.43pm.. grinding higher....bears...into dust.
For once...I won't be one of them.