12pm update - failed opening declines

The opening black-fail VIX candle was indeed another early warning that the equity bears are still lacking consistent downside power. Metals are cooling, Gold +$10. Equity bulls should be content with any marginally daily net gains.


vix'60min

sp'daily5

Summary

*no doubt, many bears are already in a lousy mood after the opening tease...
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VIX update from Mr T.


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time to cook...