12pm update - lunch time chop

US equities remain moderately choppy, but with moderate gains. Oil is holding notable gains of 2.6%.. having put in a key micro double floor. Trading vol' is naturally going to lighten up into next Wednesday's Christmas eve, which itself broadly favours the bulls.


sp'60min

Summary

Little to add.

A third consecutive daily gain seems likely, but regardless of whether we close a little higher or lower.. it was unquestionably a week for the bull maniacs.

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VIX update from Mr T.


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time for tea... back at 2pm