sp'daily5
Summary
So, a hit of the 50dma... but having taken out the Tuesday low of 2094.
Overall though, its probably the same old nonsense of early moderate weakness... only to conclude with a latter day recovery.
Its 11am... its time for a natural turn higher into the afternoon
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notable weakness, pretty heavy vol' in AAPL, -2.0%, having hit the $125s
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I have eyes on the Euro... via FXE, which appears have put in a micro double top.
FXE, 15min
I've little interest in going long until the first gap zone.... seems viable late today... or early tomorrow.
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11.11am... Euro breaks a little higher... hmm...
Meanwhile... equity indexes are seeing the expected upswing.
VIX looks maxed out at 14.53.... which is of course still a bizarrely low VIX.
11.32am... Not even lunch time and the indexes are getting close to turn green.. .. with sp'2102.
A daily/monthly close in the 2110s looks very viable... along with VIX 13s