sp'daily5
Summary
Arguably, the best opportunity for the bulls this week is across today and tomorrow - not least since it is the only sig' QE-pomo there is.
A daily close in the mid 1880s looks a reasonable target, and I'd be surprised if we don't at least manage that.
Equity bears need to take out last Thursdays low of 1862, and I can't see that viable today, although I was certainly wrong last Wed/Thursday.
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*I remain long, via the R2K no less, and would most certainly prefer an exit into the coming 3 day holiday weekend.
9.36am.. opening reversal... black candle on the VIX
Equity bears...beware!
*I'm still kinda burnt out....I will probably be somewhat 'sporadic' this week... or maybe I just need to go shop for more chocolates (and wine?).