12pm update - 5 of 6

Most US equity indexes are higher for the fifth day of six, with the sp'500 on track for a weekly close in the 2100s. Metals are cooling from earlier highs, Gold +$11. Oil is +1.1%.. but still looks vulnerable to another 2-3% lower.


sp'daily5

USO'60min

Summary

*I still have eyes on Oil, but not at this price..  and structure is arguably still a bear flag.. if somewhat messy.
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Little to note... a week for the bulls.. despite having been stuck for much of the week.

notable weakness: BABA -1.6%.. but comfortable holding above the newly built floor of $80.

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VIX update from Mr T


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time for lunch