The broader market remains a touch weak, but the trading range for most indexes exceptionally tight - sp'1894/92 for much for the day. Metals managed to hold gains across the day, Gold +$11, with Silver +1.1%.
*despite the equity weakness, the VIX is only up 1%.
I remain utterly tired of the bearish chatter across the last few days..and indeed, weeks.
Where has that sentiment got any of the bears since the sp'1814 low?
*ohh, and yes, that is a small bull flag on the hourly chart, with the underlying MACD cycle arguably floored.
back at the close