sp'daily5
VIX'daily3
Summary
Lower lows for equities... and higher highs for the VIX... we're on track.
Target remains sp'2065... along with VIX 17s... but that will clearly take another day or two.
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Notable weakness, DISCA -1.8%.... cooling a little... but broadly strong.
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KEY NOTICE...
10.17am With the break into the sp'2080s... we have a bearish MACD cross on the giant monthly cycle.... MARCON 6.
Hmm....
Notable weakness: AA -5.6%... on a downgrade I believe.