Lucky 13th for the equity bulls?

The market has seen a minor down wave from sp'1955 to 1925, on what is often a low, the Thurs/Friday, of the week before opex. Barring a break <1900, equity bulls should be charging for the 1960/70s next week.


sp'weekly8b

Summary

Most notable today, the 9th green candle has turned from green... to blue. The week is not over of course, and if the market can rally back into the 1940s tomorrow, then we'll still close green.
--


Looking ahead

There really isn't much due tomorrow, just producer prices (final demand), and consumer sentiment data.

*next sig' QE-pomo is not until next Monday.
--


Seeking another wave higher

Considering the recent price action - and a VIX whose spike-highs are now sub-teens, I hold to the outlook for further upside into next week.

*I hold long, via CHK, an index long, and WFM. If all are holding gains by late Friday, I will likely drop all into the Friday close.

Goodnight from London