Good morning. Futures are a touch higher, sp +2pts, we're set to open at 1984. Next key support is the 1980/78 zone. With the USD +0.15%, the metals remain generally weak, Gold -$2, with Silver -0.7%.
Little to add. The sp'2000s look out of range today, it will likely take the best part of 2-3 days to claw back above the giant threshold.
There remains a very valid VIX gap in the 15s... which would make for a very natural top.
So...even if we open a little higher, a brief drop to the recent low of 1978 would probably equate to VIX 15s.
Hunter with Ms. Prins on the bankers.
Kinda interesting, especially for fans of Nomi
Have a good Wednesday