US equities are moderately mixed, with a viable retrace low of sp'2052. A weekly close in the 2065/75 zone is still viable... along with VIX 15s. Metals remain weak, Gold -$14, whilst Oil is -0.7%. USD has cooled a little, but is still higher by 0.5%
sp'60min
R2K, daily
Summary
*notable gains in the second market leader - the R2K
--
There really isn't much to add. Underlying pressure - seen better on the daily/weekly cycles, remains to the upside.. and market should be trading in the sp'2100s within a week or two.
Certainly, it seems utterly crazy for anyone trying to capture any minor down cycles along the way.
--
VIX update from Mr T
--
time for tea... back at 2pm