2pm update - holding gains

Despite a notable early morning swing lower, US equities are now comfortably holding gains, with a viable daily close in the sp'2050s.. along with VIX 16/15s. Metals are holding gains, Gold +$7. Energy prices remain broadly weak, Nat' gas -5.5%, whilst Oil is -2.5%


sp'daily5

R2K, daily

Summary

*VIX is -10% in the upper 16s.... reflecting a market that is again placated via the giant PRINT key
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Without getting lost in the minor noise... looks like we'll close higher for the fourth consecutive day.
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*I remain long via the R2K, little inclination to exit until the 1210/20s... which seem viable next week.