sp'daily5
Summary
Seen on the bigger daily cycle, first target is pretty obvious, and whether today..or later this week, we'll surely be in the 1950s.
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Notable strength: DRYS +3.7% @ $3.07 (see my 'fair value' post from yesterday).... a break much above 3.10/20 would be significant.
11.27am... everyone getting a chance to add/re-position...
Worse case seems 1920/15 zone.....but still... 1950s look fine....
*despite the weak indexes, VIX is only +1%....won't take much of an equity turn for that to close red.