sp'daily5
Summary
I'm really not expecting much of today. Price action will likely be less dynamic than yesterday, as Mr Market merely waits for GDP Q2 data tomorrow morning, along with the FOMC announcement of QE-taper'6.
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It is notable that we're only 0.6% from breaking a new high, and a daily close in the 1985/90 zone seems viable.
If market likes the GDP data tomorrow, in theory..we could gap right into the 2000s..which would surprise many.
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Good wishes for Tuesday trading
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9.42am.. opening reversal...
black-fail candle on the indexes...
hollow-red on the VIX.
As it is though, I see little reason why the market would see any sig' move today though.
Few buyers... fewer sellers.