US equities see continued latter day strength... back above the old resistance of sp'2064. VIX is confirming the renewed market confidence, -6.6% in the 17.30s. Metals remain moderately weak, Gold -$6. Oil has lost the rather important $50 threshold, -5.0%.
sp'60min
VIX'60min
Summary
I'm surprised at the continued equity strength. No doubt, much of it is due to short-stops being hit, and bears covering at 'whatever price is necessary'.
Regardless... best guess remains sp'2020s before a more sustainable chance for new historic highs.
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As ever.. market will be VERY vulnerable to any news headline in the closing hour.
Notable weakness, TWTR -2.1%.... the CFO needs to learn about not clicking suspect links!
...updates into the close.