sp'daily5
GLD, daily
Summary
*awaiting trio of econ-data at 10am.
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If you assume sp'2056 was a short term high, first target is 2000... and then the 50dma.. which for the next few weeks will be in the 1980s...
Hence.. my primary zone is a slightly revised 2000/1980.
As noted last evening... I just can't see much of a sig' drop before year end.
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10.01am... Whats up with the VIX ?
Is the CBOE broken or something?
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Phil Fed 40.8 ... vs 18 expected.... BIZARRELY high.... misprint?
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time to shop... back soon!
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10.30am... Indexes back to largely flat.... tedious.. urghh.
BABA.. $10bn bond sale.... stock flips +1.8%... back to $110...