12pm update - holding gains

US equities are holding borderline significant gains, with sp' just 0.3% from breaking above the key resistance of 2064. VIX is in melt mode, -9% in the mid 16s. Metals are cooling, Gold -$2. Oil continues to see crazy day to day swings... currently +6.2%.


sp'60min

sp'daily5

Summary

Market is looking scary strong.... ahead of the Friday jobs data.

Daily upper bol' will certainly offer further resistance in the low 2070s tomorrow... but.. any break >2064 will be highly significant.

Right now, equity bears should be desperate for more comments from the ECB....

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VIX update from Mr T.


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time for tea... back at 2pm